Warsh will push to SHRINK the Fed balance sheet? I was told he is a dove and they will expand it and send all risk flying across the board?! Let’s stop with the fantasy that we’re going back to sub-$1T pre-2008 levels, that regime is gone. The system runs on an ample-reserves <a href="https://t.co/E5CmncqwyE" target="_blank" rel="noopener noreferrer">https://t.co/E5CmncqwyE</a> <a href="https://t.co/oVm0GRg1Rp" target="_blank" rel="noopener noreferrer">https://t.co/oVm0GRg1Rp</a>

Warsh will push to SHRINK the Fed balance sheet?

I was told he is a dove and they will expand it and send all risk flying across the board?!

Let’s stop with the fantasy that we’re going back to sub-$1T pre-2008 levels, that regime is gone.

The system runs on an ample-reserves https://t.co/E5CmncqwyE https://t.co/oVm0GRg1Rp