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Incoming Federal Reserve chief Kevin Warsh's plans to reduce the Fed's role in financial markets may be challenged by rising federal debt and diminishing appeal of U.S. Treasuries, as analysts warn that a smaller central bank footprint could lead to higher long-term interest rates and necessitate greater transparency and coordination with the U.S. Treasury. #FederalReserve #MonetaryPolicy #TreasuryMarket #US
US debt load could undercut Warsh's plan to shrink Fed balance sheet