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Kevin Warsh, the Fed chair nominee forged by the 2008 financial crisis - FT

Kevin Warsh says he still bears the scars from “the darkest days” of the 2008 financial crisis. 

Then a newly appointed Federal Reserve governor, Warsh acted as a vital conduit between the central bank and Wall Street as the financial system and the US economy confronted their gravest threat since the Great Depression. 

 “He brought a lot of real experience, he knew these people on Wall Street — he knew the difference between when they were arguing their book and when they were bringing us good information — and that was very, very valuable,” said Don Kohn, the former Fed vice-chair who had an office next door to Warsh. 

It is a view echoed by Lloyd Blankfein, who led Goldman Sachs during the crisis. “Kevin was unflappable at chaotic moments,” he recalled, pointing to an even temperament and willingness to engage.

Kevin Warsh, the Fed chair nominee forged by the 2008 financial crisis

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