Fed “Smooth Operator”? Warsh Dodges, Spending Blamed for Inflation
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Welcome to The Watchdog on Wall Street Podcast. Author, investment banker, consumer advocate, analyst, and trader Chris Markowski exposes the lies and myths of the big brokerage firms, the mainstream press, and the government. Chris explains the news coming out of the complex worlds of finance, economics and politics and the impact it will have on everyday Americans.
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Wednesday, April 22, 2026
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In a tense congressional hearing, Kevin Warsh earns the nickname “Smooth Operator” for his polished, evasive answers—sidestepping tough questions while projecting sharp expertise. The key takeaway: inflation isn’t driven by interest rates, but by government spending. Meanwhile, scrutiny intensifies over the Fed’s balance sheet losses and growing proposals to fix it—raising one big question: will taxpayers ultimately foot the bill?
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