Key facts
- Kevin Warsh has appointed two outside associates as advisers.
- One adviser co-authored a chapter for the conservative policy blueprint, Project 2025.
- The Project 2025 chapter recommended a radical restructuring of the Federal Reserve.
Kevin Warsh, the newly appointed Federal Reserve Chairman, has selected two individuals from outside the central bank to serve as his advisers. One of these advisers has a notable background, having previously contributed to the creation of Project 2025. This project is a conservative policy blueprint that includes a chapter recommending a significant overhaul and restructuring of the Federal Reserve's operational framework. The appointment of advisers with such specific policy recommendations raises questions about the future direction and potential changes within the central bank under Warsh's leadership.