Warsh on Supreme Court Fed Ruling: 'We Don't Have to Worry About Politics'

Kevin Warsh offered his first reaction to a Supreme Court ruling that blocked President Trump from firing Fed governor Lisa Cook. In a statement summarized in the brief report, Warsh said that before the Supreme Court decision, the Federal Reserve acted independently and within its mandate, and he added that it will continue to do so after the ruling. The comment frames the Fed’s response as part of its institutional remit rather than a political process. The item captures the early perspective from Warsh following the court’s intervention in the leadership question at the Federal Reserve.