# 4-23-26 Can Warsh Reshape the Fed

Page: https://stenobird.com/podcast/the-real-investment-show-full-show-1123656/4-23-26-can-warsh-reshape-the-fed
Text version: https://stenobird.com/podcast/the-real-investment-show-full-show-1123656/4-23-26-can-warsh-reshape-the-fed.md
Podcast: [The Real Investment Show (Full Show)](https://stenobird.com/podcast/the-real-investment-show-full-show-1123656)
Published: 2026-04-23T14:53:51+00:00
Episode link: https://soundcloud.com/user-949311744/4-23-26-can-warsh-reshape-the
Audio file: https://feeds.soundcloud.com/stream/2307896600-user-949311744-4-23-26-can-warsh-reshape-the.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-real-investment-show-full-show-1123656/episodes/4-23-26-can-warsh-reshape-the-fed
Duration seconds: 2718

## Resource

Kevin Warsh’s nomination hearing put Federal Reserve reform front and center. His vision challenges long-standing norms, raising key questions about how monetary policy could change—and what it means for markets. What would a Warsh-led Fed mean for interest rates, inflation expectations, and market stability? Lance Roberts & Michael Lebowitz break down the implications. Key topics include: 0:00 - INTRO 1:04 - Kevin Warsh & Fed Reform; Technology at All-time High 5:47 - If You Missed the Rally... 10:32 - Temps in God's Country 11:39 - Odds are Kevin Warsh Will Be Confirmed 12:22 - Misnomer: The Fed is Trying to Bail Out the Dollar 16:02 - All Money is Lent Into Existence 18:29 - Money Supply is Not a Gauge of Inflation 22:09 - Misunderstanding Leads to Poor Investing Decisions 23:19 - When Kevin Warsh Replaces Jerome Powell 24:44 - QE is Reverse-Robinhood 26:40 - Fed Switch from Trimmed PCE for Inflation Metric 28:22 - Fed Communication & Forward Guidance 31:20 - Markets No Longer Pay Attention to Fundamentals 34:39 - Will Warsh Be Able to Make Substantive Changes? 36:17 - Fed Crises & New Chairmen 39:18 - Passive Investing Does a Disservice to Economy 41:05 - The Value Names Don't Have a Lot of Value 43:06 - Passive Investing Creates Mis-allocation of Capital ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/MKQ5YTaUNh8 ------- REGISTER for our next Candid Coffee, Saturday, May 16: "Financial Organization Made Simple:" https://streamyard.com/watch/SA6aj2aMdMhf -------- Watch our previous show, "Q&A Wednesday - Ask Us Anything " https://youtube.com/live/yFe9x3vjJn0 ------- The latest installment of our new feature, Before the Bell, "Wait for the Setup" is here: ht…

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