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Fed chair pick Warsh makes case for smaller Fed holdings in hearing

By Reuters April 21, 2026 Neutral
Fed chair pick Warsh makes case for smaller Fed holdings in hearing
Kevin Warsh, tapped by President Donald Trump to lead the Federal Reserve, told a Senate panel on Tuesday he would work with the Treasury Department to help achieve his goal of a smaller ​Fed balance sheet, in an effort observers say would represent a long-term project for the central bank.
Kevin Warsh, tapped by President Donald Trump to lead the Federal Reserve, told a Senate panel on Tuesday he would work with the Treasury Department to help achieve his goal of a smaller ​Fed balance sheet, in an effort observers say would represent a long-term project for the central bank.