Noted Economist Mohamed El-Erian praised the new Federal Reserve Chair Kevin Warsh's new appointments, saying they demonstrate a "serious" commitment to reforming and strengthening the central bank.
He took to X on Monday and said that the team's expertise and ability to build support for change could help restore the Fed's effectiveness, credibility, and political independence.
"…no doubt that its new Chair, Kevin Warsh, is serious about reforming, transforming, and enhancing the world’s most powerful central bank," wrote El-Erian.
This list, from the Federal Reserve’s website, should leave no doubt that its new Chair, Kevin Warsh, is serious about reforming, transforming, and enhancing the world’s most powerful central bank.It’s not just about the exceptional expertise, experience, and reputation of the… pic.twitter.com/U6cYHhR60Y— Mohamed A.
El-Erian (@elerianm) July 13, 2026 Read Also: Peter Schiff Warns Rising Interest Rates Are a 'Much Bigger' Threat With US Debt Nearing $40 Trillion El-Erian Sees a Fed Turning Point Last week, Warsh formed an AI task force to evaluate how artificial intelligence could reshape the U.S. economy and influence future monetary policy.
