There is a common market assumption that Warsh will pivot to being an independent centrist, and yet these two guys are radical and their role in part would seem to undermine the input and influence of Fed staff...this highly unusual move suggests he is serious about "regime change"
Julia Coronado
Kevin Warsh has tapped two outside associates as advisers—in as temporary contractors for now.
Both are budget policy specialists, and one wrote the Fed chapter of Project 2025, which endorsed a radical restructuring of the central bank.
One of the new advisers to the new Fed chairman previously helped write a chapter for Project 2025, the conservative policy blueprint, that recommended a radical restructuring of the central bank.