Opinion
Part 1: Why the Federal Reserve now stands at the heart of U.S. strife.

The U.S. Federal Reserve is seen behind a mound of snow in Washington on Jan. 26, 2026. Mandel Ngan/AFP via Getty Images
Commentary
The announcement of Kevin Warsh as the nominee for the next Federal Reserve chair has, predictably, set off a flurry of debate. Market analysts are parsing his record on inflation, while political commentators argue over whether his appointment signals a “politicization” of the temple of American finance.


