Brexit: Economic, Political and Monetary Implications
Warsh served as a member of the Board of Governors of the Federal Reserve during the global financial crisis. And last year, he was asked to advise the Bank of England on its conduct of monetary policy. His proposed reformed were adopted by the Parliament. He is particularly well-positioned to explain the risks and rewards of Brexit.
Governor Warsh believes that Europe was built for survival, not success. But, Britain’s vote to leave the European Union represents a political shock, which will test its resilience. European political leaders have a window of opportunity to respond and reform. Failing that, it will be confronted with geopolitical risks to its east, possibly a less resolute ally to its west, and a weaker economic trajectory.
Central bankers will be taking actions to mitigate downside economic developments in the period ahead. But, it will be insufficient to the broader task ahead.
Warsh will offer a roadmap to the uneasy terrain.
Tough Calls at the Fed
Based on his years on the front lines as a governor at the Fed during the global financial crisis, Kevin Warsh provides an in-depth understanding of critical issues including economic growth, job creation, regulation, housing, inflation, monetary policy, global trade, and more. With a deep background in financial markets combined with 10 years as a national economic policy advisor, Warsh is able to help large and small companies, as well as individuals, discern their next strategic moves based on the economic headlines.
The "Grand Strategy" for Economic Growth
As a member of the Federal Reserve Board of Governors (2006-2011), Kevin Warsh was the Fed’s Chief Liaison to Financial Markets, and played a significant role in stabilizing the turbulent financial markets of 2007 and 2008. A key player during this historic period of time, Warsh offers audiences deep insights and perspective on what our country's leaders need to focus on to turn our economy around.
Programming Idea: Betsy Duke and Kevin Warsh for a Federal Reserve BOG duo event
Wondering what the Fed will do next? Consider a joint program with former Federal Reserve Governors of the Board, Kevin Warsh and Elizabeth Duke.Read what audience say about the Warsh/ Duke duo event >>
Former Federal Reserve Board of Governors member Kevin Warsh criticizes recent Fed decisions
Warsh states that the Fed missed a "wide open window" to raise rates. He implies that the Fed seems more motivated by stock prices and global events than economic data.Watch Warsh's Squawk Box interview about the recent Fed decisions >>
Kevin Warsh is a consultant to the Bank of England
Why is Kevin Warsh particularly qualified to discuss Brexit implications? His insights are sought by Central Banks around the world, and he most notably was hired by the U.K. Central Bank. His proposed reformed were adopted by the Parliament. He is particularly well-positioned to explain the risks and rewards of Brexit.Read more >>
Kevin Warsh is a member of the highly respected G30
The G30 is a consultative group of very senior representatives of the private and public sectors and academia which aims to deepen understanding of international economic and financial issues, to explore the international repercussions of decisions taken in the public and private sectors, and to examine the choices available to market practitioners and policymakers.Read more about Kevin Warsh's work at the G30
Kevin Warsh shares his expertise and insights on International Finance for the Hoover Institution.Read more...
Kevin Warsh serves as the Shepard Family Distinguished Visiting Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business.
He advises several private and public companies, including service on the board of directors of UPS. Warsh is a member of the Group of Thirty (G30) and the President’s Strategic and Policy Forum.
Warsh conducts extensive research in the field of economics and finance. He issued an independent report to the Bank of England proposing reforms in the conduct of monetary policy in the United Kingdom. Parliament recently adopted the report’s recommendations.
Warsh served as a member of the Board of Governors of the Federal Reserve System from 2006 until 2011, as the Federal Reserve's representative to the Group of Twenty (G-20) and as the Board's emissary to the emerging and advanced economies in Asia. In addition, he was Administrative Governor, managing and overseeing the Board's operations, personnel, and financial performance.
Prior to his appointment to the Board, from 2002 until 2006, Warsh served as Special Assistant to the President for Economic Policy and Executive Secretary of the White House National Economic Council. Previously, Warsh was a member of the Mergers & Acquisitions department at Morgan Stanley & Co. in New York, serving as Vice President and Executive Director.
Warsh received his A.B. from Stanford University, and his J.D. from Harvard Law School.