Kevin M. Warsh

Shepard Family Distinguished Visiting Fellow in Economics
Biography: 

Kevin Warsh is the Shepard Family Distinguished Visiting Fellow in Economics at Stanford University’s Hoover Institution and lecturer at Stanford’s Graduate School of Business. His most recent publication is Central Bank Governance and Oversight Reform A Policy Conference

He advises several private and public companies, including serving on the board of directors of UPS.  In addition, he is a member of the Group of Thirty.

Warsh served as a member of the Board of Governors of the Federal Reserve System from 2006 until 2011.  He also served as the Federal Reserve's representative to the Group of Twenty and as the board's emissary to the emerging and advanced economies in Asia. In addition, he was administrative governor, managing and overseeing the board's operations, personnel, and financial performance.

Before his appointment to the board, from 2002 until 2006,Warsh served as special assistant for economic policy  to the president and as executive secretary of the White House National Economic Council.  Previously, Warsh had been a member of the Mergers & Acquisitions Department at Morgan Stanley & Co. in New York , serving as vice president and executive director.

Warsh was born in upstate New York. He received his AB from Stanford University and his JD from Harvard Law School.

 

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Recent Commentary

Federal Reserve chair Janet Yellen.
Analysis and Commentary

Finding Out Where Janet Yellen Stands

by Kevin M. Warshvia Wall Street Journal
Tuesday, November 12, 2013

The president nominated Janet Yellen, a friend and former colleague, to be the next chairman of the Federal Reserve. I expect she will marshal her strong intellect, meticulous preparation and ample experience to lead the central bank successfully.

 

Federal Reserve
Blank Section (Placeholder)Analysis and Commentary

The Conduct of Monetary Policy

by Kevin M. Warshvia Analysis
Wednesday, October 16, 2013

Warsh discusses the limits on the Federal Reserve's ability to regulate monetary policy. Topics include the credibility of the Federal Reserve, the importance of situational awareness for a central bank, communication policy as a tool for central banks, and the dual mandate (price stability and maximum sustainable employment) for central banks.

Generation of hands
Analysis and Commentary

Generational Theft Needs to Be Arrested

by Kevin M. Warsh, Stanley Druckenmiller, Geoffrey Canadavia Wall Street Journal
Friday, February 15, 2013

We come from different backgrounds, parties and pursuits but are bound by a common belief in the promise and purpose of America. After all, each of us has been the beneficiary of the choices made—and opportunities created—by previous generations of Americans.

 

Global Puzzle Pieces
Analysis and Commentary

The Retreat of Globalization

by Kevin M. Warsh, Scott Davisvia Wall Street Journal
Sunday, October 14, 2012

Some say the world is flat, but it sure doesn't look that way from the hole we're in.

 

Regulatory Reform: A Practitioner’s Perspective

by Kevin M. Warshvia Analysis
Wednesday, April 25, 2012

The events of the last several years make a compelling case for comprehensive, fundamental reform in the oversight of financial firms.

Analysis and Commentary

Who Deserves Credit for the Improving Economy?

by Kevin M. Warshvia Wall Street Journal
Monday, April 9, 2012

American households are proving to be more prudent than their government...

Let the Market Work

by Kevin M. Warshvia Advancing a Free Society
Saturday, April 7, 2012

Financial markets are in a precarious place, with European banks and sovereign balance sheets in the crosshairs. Bank regulators are increasingly aggressive, and eurozone borrowing costs are rising as the debts of years past come due.

Let the Market Work

by Kevin M. Warshvia Hoover Digest
Friday, April 6, 2012

When a government enacts stimulus programs and manipulates asset prices, it can only buy time. By Kevin M. Warsh.

Analysis and Commentary

The 'Financial Repression' Trap

by Kevin M. Warshvia Wall Street Journal
Tuesday, December 6, 2011

In capitals world-wide, policy makers deliberately obscure market prices and prevent informed judgments...

A New Strategy for Economic Growth

by Kevin M. Warshvia Advancing a Free Society
Wednesday, August 10, 2011

By Kevin M. Warsh and Jeb Bush

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