Fed’s Warsh Names Leadership for Five New Task Forces

Warsh tapped several former policymakers for the task forces, including former Bank of England Governor Mervyn King, who led the UK’s central bank through the 2008-09 financial crisis, and

Raghuram Rajan, former governor of the Reserve Bank of India who was noted for his early warnings ahead of the global financial crisis.

Bloomberg 9 July 2026

https://www.bloomberg.com/news/articles/2026-07-09/fed-s-warsh-names-leadership-for-five-new-task-forces

Mervyn King

King is good at articulating what’s wrong with the global economy, not so good when it comes to solutions.

https://englundmacro.blogspot.com/2025/07/mervyn-king.html

Raghuram Rajan

Raghuram Rajan of the University of Chicago Booth School of Business and former chief economist of the International Monetary Fund notes in a thought-provoking new book, the underlying “fault lines” are still with us.

https://englundmacro.blogspot.com/2025/04/jag-har-haft-fel-forut-i-dag-14-juli.html

Fault Lines: How Hidden Fractures Still Threaten the World Economy is a 2010 book by Indian economist Raghuram Rajan on the underlying causes of the 2008 financial crisis, and the structural weaknesses present in the world economy. 

It won the Financial Times and McKinsey Business Book of the Year award in 2010.

https://en.wikipedia.org/wiki/Fault_Lines:_How_Hidden_Fractures_Still_Threaten_the_World_Economy




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