FOMC closed-door talks by Kevin Warsh preceded crisis, Axel Merk notes

FOMC closed-door talks by Kevin Warsh preceded crisis, Axel Merk notes
FOMC remarks by Warsh before crisis

Axel Merk, industry influencer, draws attention to closed-door comments by Kevin Warsh of the Federal Open Market Committee made before the financial crisis.

These remarks focused on government-sponsored enterprises, though further details were not provided in the original post.

Merk has previously discussed Kevin Warsh’s role on the Federal Open Market Committee, referencing his views alongside Powell's approach to FOMC leadership in recent events. In those comments, Merk noted talk of a potential productivity boom at official press events. The earlier coverage highlighted alignment between Warsh and Powell during the committee's transition period.

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