Federal Reserve Chairman Kevin Warsh hires conservative advisors and plans to reform the Federal Reserve

According to CNN reporter Bryan Mena, Federal Reserve Chair Kevin Walsh has hired Paul Winfree and Daniel Heil as temporary advisors to the Federal Reserve. Federal Reserve Chair Kevin Walsh stated that there is a large amount of redundant staff within the Federal Reserve, and he plans to make adjustments to the 3,000 Federal Reserve employees based in Washington. Federal Reserve Chair Kevin Walsh suggested that Federal Reserve officials focus on the trimmed mean as an inflation gauge.