world-economy

Warren Pushes Fed's Waller to Shelve Regional Bank Overhaul Plans

Senator Elizabeth Warren has called on Federal Reserve Governor Christopher Waller to suspend his proposal to restructure operations across the central bank's 12 regional branches. Warren's intervention signals congressional skepticism toward the internal reorganization effort. Waller has been advancing the initiative as part of broader discussions about Fed governance and efficiency. Warren's request comes amid ongoing debate within Congress over Federal Reserve operations and structure. The timing reflects broader tensions between lawmakers and the central bank over policy direction and organizational priorities.