Story perspectives

Warsh Appoints Covitz and Engstrom to Fed Research Posts.

6/26/2026

Summary

Story summary

Federal Reserve (Fed) Chairman Kevin Warsh appointed Daniel Covitz as deputy director of Research and Statistics and Eric Engstrom as associate director of monetary affairs, June 26, 2026.
The hires follow Warsh’s June 17, 2026 launch of task forces while bringing in Paul Winfree and Daniel Heil as advisers.
Covitz and Engstrom co-authored a paper linking recent Treasury-yield rises to fiscal-deficit and supply-shock worries, not to the Fed’s 2 % inflation goal.

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Story summary

Federal Reserve (Fed) Chairman Kevin Warsh appointed Daniel Covitz as deputy director of Research and Statistics and Eric Engstrom as associate director of monetary affairs, June 26, 2026.
The hires follow Warsh’s June 17, 2026 launch of task forces while bringing in Paul Winfree and Daniel Heil as advisers.
Covitz and Engstrom co-authored a paper linking recent Treasury-yield rises to fiscal-deficit and supply-shock worries, not to the Fed’s 2 % inflation goal.