A straightforward approach is suggested: Establish a total dollar spending target and maintain it consistently each year. This notion surfaced on September 21, 2026, in a brief announcement.

At the New York Stock Exchange, screens displayed Federal Reserve Chair Kevin Warsh addressing the media from Washington on September 16, captured in a photograph by Seth Wenig of the Associated Press.

Kevin Warsh envisions serving as a Federal Reserve chair with minimal commentary. He suggests that the central bank offer less “forward guidance” regarding future interest rate trajectories compared to recent practices. He advocates for fewer speeches by Fed policymakers and potentially reducing the number of meetings. Furthermore, Warsh aims for the institution to hold fewer assets, thereby exerting a smaller influence on the economy.