The Federal Reserve’s new chairman held a press conference where he bantered with reporters and laid out a vision for change at the central bank.
From the moment Kevin M. Warsh stepped to the lectern for his first news conference as chairman of the Federal Reserve on Wednesday, he sounded less like the head of the central bank and more like a politician.
Fresh off presiding over his initial policy meeting as the leader of the world’s most powerful central bank, Mr. Warsh took on the manner and appearance of an elected official smooth-talking his way through a town hall forum.


