Cynthia Lummis signals return of Fed to core monetary role

Cynthia Lummis signals return of Fed to core monetary role
Fed aims for monetary focus

Cynthia Lummis expresses confidence in Kevin Warsh's qualifications, envisioning a Federal Reserve that returns to its primary functions such as managing monetary policy, supervising banks, ensuring price stability, and promoting job creation.

Lummis suggests that the Federal Reserve's past involvement in diversity, equity, and inclusion (DEI) and political matters will diminish.

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