'I almost fell out of my chair': Fed stalwart Claudia Sahm fears Kevin Warsh's policies could undo 20 years of progress Claudia Sahm, a respected economist and former Federal Reserve insider, has expressed concern about Kevin Warsh's potential leadership style at the Fed.
Her concerns are not unfounded; Warsh's testimony before the Senate Banking Committee raised more questions than answers for Sahm. Warsh's views on forward guidance have sparked alarm among some economists.
In particular, his statement that "I don't believe in forward guidance" was met with skepticism by Sahm, who has worked closely with the Fed during its evolution towards more transparent communication.