Federal Reserve Chairman Warsh Appoints Leadership for Five New Monetary Policy Task Forces
- Fed’s Warsh names leaders for 5 new monetary policy task forces.
- 5 task forces have 3 members each; Warsh selected them.
- King, Rajan, Stein, Fraga appointed to Fed’s AI and other task forces.
Federal Reserve Chairman Kevin Warsh on Thursday, July 09, 2026, announced the leadership and objectives for five new task forces designed to advance the conduct of monetary policy. These groups will examine the central bank’s approach to key aspects of policymaking, with a view towards potentially enacting significant changes. Chairman Warsh emphasized the Fed’s unwavering commitment to price stability and maximum employment, acknowledging the substantial evolution of the U.S. economy. The task forces comprise a diverse group of experts, including prominent figures from Wall Street, business leaders such as Marc Andreessen and Doug McMillon, academicians, and former Fed officials. This initiative follows Chairman Warsh’s initial disclosure of his intent to create these task forces last month.
The Federal Reserve has unveiled the **members** of the task forces announced by Chairman Kevin Warsh. Each task force will comprise **three members**. Notable appointees include former Bank of England Governor **Mervyn King**, former Reserve Bank of India Governor **Raghuram Rajan**, former Federal Reserve Governor **Jeremy Stein**, and former President of the Brazilian Central Bank **Arminio Fraga**. Among the new groups is an **Artificial Intelligence (AI) task force**, whose members share Chairman Warsh's view on AI's transformative potential. Chairman Warsh personally selected the task force members. The Fed also reiterated its unwavering commitment to price stability and maximum employment.