Wosh kicks off with a “pair of aces” from the start—straight up putting the people behind the “2025 Project” into the Federal Reserve. Is a single-inflation-target regime about to arrive?

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BlockBeatNews
Federal Reserve Chair Powell appoints two conservative advisors to push reform agenda
BlockBeats reports that Federal Reserve Chair Wosh appointed Paul Winfrey and Daniel Hail as interim advisors at the beginning of his term, responsible for policy analysis and planning. Both have long been active in conservative think tanks. Winfrey’s involved “2025 Project” calls for scrapping the Fed’s dual mandate, retaining only the inflation target, and pushing for balance sheet reduction while limiting the lender-of-last-resort function. Wosh said he wants to promote a reform-oriented Federal Reserve, and the addition of the two external advisors is seen as the first step in the reform.
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