Economics Daily

Warsh Wants Fed to Back Bessent-Rubio ‘Statecraft’ Agenda for the Dollar

Asked what’s most important to support the dollar, Warsh answered “Deliver stable prices.”
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, on Tuesday, April 21, 2026.Photographer: Graeme Sloan/Bloomberg
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I’m Chris Anstey , a senior economics editor in Boston, and today we’re looking at Kevin Warsh’s thoughts on the dollar. Send us feedback and tips to ecodaily@bloomberg.net . And if you aren’t yet signed up to receive this newsletter, you can do so here .

Tucked away in Kevin Warsh’s 2 ½ hour Senate confirmation hearing Tuesday was a brief exchange over the Federal Reserve’s international role, when the nominee to become the next US central bank chief offered some brief thoughts.