NewsMV
The pace of contact between Federal Reserve Chairman Kevin Warsh and Treasury Secretary Scott Bessent is in focus after Warsh said Wednesday the two meet frequently outside their standing weekly sessions.
The disclosure arrived alongside an explicit defense of central bank independence. Together, the remarks set the terms of how Warsh wants the relationship read.
The contact cadence Weekly meetings between the Fed chair and the Treasury secretary are a standard feature of Washington policy coordination. Warsh's characterization goes further.
He said the two speak frequently beyond that structured slot, placing informal contact at the center of how the relationship actually operates.
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