{"id":4668,"date":"2026-08-01T04:41:44","date_gmt":"2026-08-01T04:41:44","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=4668"},"modified":"2026-08-01T04:41:44","modified_gmt":"2026-08-01T04:41:44","slug":"warsh-considering-reducing-number-of-fed-meetings-nyt-reports","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=4668","title":{"rendered":"Warsh considering reducing number of Fed meetings, NYT reports"},"content":{"rendered":"<div>\n<p>Warsh raised the proposal to change the frequency of meetings at this week\u2019s gathering of the rate-setting Federal Open Market Committee, the paper added. A Fed spokesperson declined to comment.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=4666\">Trump orders Iran attack as soon as this weekend, WSJ says<\/a><\/p>\n<p>Currently, Fed policymakers meet eight times a year for a two-day gathering, after which they announce their policy decision. A reduction in the number of meetings would mark a significant shift for the US central bank, coming at a moment when investors have criticized Warsh\u2019s attempt to limit guidance to markets on the direction of interest rates and as the Fed faces mounting pressure to do more to curb inflation.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Fed policymakers voted 9-3 on Wednesday to hold interest rates steady. The rate decision was widely expected, but investors balked when Warsh declined to explain the decision or say he would support raising rates should inflation fail to slow.\u00a0<\/p>\n<p>Read more:\u00a0Fed\u2019s Warsh Rebuked by Investors Craving a Real Inflation Fight<\/p>\n<p>Warsh, who took the helm of the Fed in May, has signaled he intends to bring other changes, including potentially reducing the number of press conferences he holds after policy decisions. He also announced the creation of five\u00a0task forces\u00a0to consider possible changes to how the Fed conducts monetary policy, in areas ranging from communications to data and the Fed\u2019s balance sheet.<\/p>\n<p>At his Senate confirmation hearing in April, Warsh was asked if he was committed to holding an FOMC meeting at least once every eight weeks.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>\u201cI believe the statute requires a minimum of four meetings, but four is not enough,\u201d Warsh said in response. \u201cSo having more meetings than that is appropriate. But I\u2019ve not even begun to look at the meeting schedules for 2027 and beyond.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=4664\">Mark Cuban\u2019s cofounder once told him: \u2018We don\u2019t get as much done because people are afraid of you\u2019<\/a><\/p>\n<p>The Fed has already scheduled its meetings for the remainder of 2026 \u2014 with gatherings set for September, October and December \u2014 and for 2027. \u201cEach meeting date is tentative until confirmed at the meeting immediately preceding it,\u201d according to the website, a disclaimer that pre-dates Warsh\u2019s appointment as Fed chairman.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Under the FOMC\u2019s rules of procedure, it meets at least four times a year in Washington, if not more.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>\u201cMeetings are held upon the call of the Chair of the Board or at the request of any three members of the Committee,\u201d according to the rules of procedure.\u00a0<\/p>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<p>The Fed has also periodically held unscheduled meetings during times of economic and market turmoil, such as the beginning of the Covid pandemic in 2020.<\/p>\n<p>The Fed\u2019s rate-setting\u00a0committee\u00a0includes 12 members: the seven officials on the Fed\u2019s Board of Governors in Washington, including Warsh; the New York Fed president, who serves a the FOMC vice chair; and four of the 12 presidents of the Fed\u2019s regional banks, who rotate turns as voting members each year.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=4662\">Mark Cuban\u2019s Las Vegas A\u2019s investment is his \u2018Sports 2.0\u2019 Dallas Mavericks playbook all over again \u2014\u00a0with one key change<\/a><\/p>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Currently, Fed policymakers meet eight times a year for a two-day gathering.<\/p>\n","protected":false},"author":1,"featured_media":4667,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[],"class_list":["post-4668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-federal-reserve"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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