Warsh’s Plan to Dismantle Fed’s $6.6 Trillion Portfolio Faces Wall Street Skepticism
Federal Reserve Chair nominee Kevin Warsh is prioritizing a significant reduction of the central bank's $6.6 trillion balance sheet, a move that could redefine U.S. monetary policy. However, Wall Street strategists warn that the path to a leaner Fed will be fraught with high fiscal costs and potential market volatility over a multi-year timeline.