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Does the new Fed chair care about jobs?

NPR· Jul 2, 2026· 8m 50s

Last month, new Fed Chair Kevin Warsh presided over his first interest rate decision and press conference … but he didn't talk much about maximum employment. How much does Kevin Warsh care about the jobs side of the Fed’s dual mandate? Fact checking by Sierra Juarez . Your Next Listen — Are we in a new era of permanently higher prices? Connect with The Indicator — Sign up for The Indicator’s brand new newsletter — Buy the Planet Money book — Find our socials, YouTube and more ! — For sponsor-fre

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Does the new Fed chair care about jobs?

🇬🇧English🇬🇧English
Sample transcript — click Live captions above to run Whisper on the actual audio in your browser.
  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24