Kevin Warsh’s career is a distinguished blend of high-level academia, private sector expertise, and public service.
He holds an A.B. in public policy from Stanford University and a Juris Doctor from Harvard Law School, where he focused on the intersection of law and economics – A clean, classic background for somebody who could run the Fed.
FYI, Powell also held a Law Degree.
Shortly after his completing his studies, Warsh distinguished himself at Morgan Stanley, where he served as Executive Director in the M&A department from 1995.
Warsh quickly became a specialist in structuring complex capital market transactions across diverse industries for the Financial Institution.
His competence for Markets caught the eye of the George W. Bush administration, leading to his appointment as Special Assistant to the President for Economic Policy in 2002 being only 32.
In 2006, Kevin got appointed at the Board of Governors at the Federal Reserve, being the youngest to reach the position, which drew some criticism.
Still, being well connected to Wall Street after his stay at MS, he quickly got accepted as “invaluable” for the Fed.
Warsh became Ben Bernanke’s (Fed Chair during the period) primary “emissary” to the financial world during the 2008 meltdown. His unique ability to speak the “language of the markets” made him the central bank’s most vital conduit to Wall Street CEOs and global regulators.
Just the fact that he remained at the Fed from 2006 to 2011 proves he was well-suited for the Job. It wasn’t the easiest period in financial markets.
