Former Bank of England governor Mervyn King and crypto investor Marc Andreessen are among Federal Reserve chair Kevin Warsh’s picks to help modernise the US central bank.
Warsh, who campaigned for the role of Fed chair on a ticket of regime change, on Thursday unveiled the rosters for five task forces that he said would “sharpen” the world’s most important financial institution.
King and Andreessen, co-founder of Silicon Valley investment group Andreessen Horowitz, were joined in the list by Raghuram Rajan, the former governor of the Reserve Bank of India, and Nobel laureate Thomas Sargent.
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