Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon

[BumRushDaShow]

Source: CNBC

Published Thu, Jul 9 2026 3:05 PM EDT Updated Thu, Jul 9 2026 3:53 PM EDT


Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution’s operations — a list that includes several prominent Wall Street names, business leaders and a wide expanse of academicians and former Fed officials.

Warsh first disclosed his intention to create the task forces last month, saying they would tackle communications, data, the Fed’s balance sheet, data, productivity and jobs and the framework for how the policymakers view inflation. The group’s will tackle everything from inflation to artificial intelligence as part of Warsh’s promised review of monetary policy.

Among the prominent names involved are venture capitalist Marc Andreessen, former Bank of England Governor Mervin King, and Greg Mankiw, former chairman of the White House’s Council of Economic Advisers. Doug McMillon, the former CEO of Walmart, leads the names of business executives involved. Several of the names, including King, had been leaked previously.

“I am honored that the best minds from a range of disciplines have agreed to work with us to sharpen our performance as an institution,” Warsh said. “The goal is straightforward: to ensure the Fed is best positioned to achieve our objectives in this consequential time.”

Read more: https://www.cnbc.com/2026/07/09/kevin-warsh-names-members-of-his-federal-reserve-task-forces-including-marc-andreessen-doug-mcmillon.html

[BaronChocula]

1. The wolves are examining the henhouse security

This is like the Epstein Files of finance.

[rampartd]

2. has anyone compared the epstein files to the panama papers?

i know better, but bet there might be an intersection somewhere near the maralago membership rolls.

[BaronChocula]

8. Ooo boy

I'm not exactly getting out the red yarn yet, but I did just see how Fergie (royal, not pop star) was named in the PPs.

[Roy Rolling]

3. "Task Force"

What does that even mean?

[Raftergirl]

4. This is all for show.

THE members of the FMOC aren’t going to care what any task force says or recommends.

This is just to make Warsh look like he is doing something different, when the reality is he will not.

[Bluejeans]

5. Four questions for the task forces

Question 1: Should employment be a higher priority than inflation since unemployment at any level of the population or economic class reduces economic activity?

Question 2: The Federal Reserve implemented the 2% annual inflation target in 2012 when the US GDP was $15.45 Trillion. Today, the US GDP is $31.87 Trillion, roughly doubled. Is the 2% target still valid or does it need to be adjusted to reflect a larger economy?

Question 3: How have the twin priorities of controlling inflation and ensuring employment conflicted with each other to the detriment of the citizens at large?

Question 4: Has the heavy reliance and focus by publicly traded companies and securities analysts on low interest rates and investment decisions initiated or delayed on the possibility of future interest rate cuts harmed employment in good times and bad?

[Grins]

6. "... former Bank of England Governor?" Why? How? NM

[Raftergirl]

7. They have already decided that there is zero way they will hit 2% target, because they don't want to. They

want higher inflation.