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Rep. Jody Arrington praises Kevin Warsh’s plan to shrink Fed balance sheet, urges Congress to curb spending
Summary
In a brief interview segment, Rep. Jody Arrington backed Kevin Warsh’s call to reduce the Federal Reserve’s balance sheet and urged congressional restraint on spending, citing multi‑trillion‑dollar deficit projections and defending recent tariff policies as not inflationary.
Rep. Jody Arrington said Kevin Warsh’s plan to shrink the Federal Reserve’s balance sheet and limit money creation could help discipline federal spending and make credit cheaper for working people.
Arrington, identified later in the exchange as the congressman, told interviewers that while recent legislation was “a start,” the country faces a long-term fiscal trajectory that he said would add about $20,000,000,000,000 over the next decade, bringing total indebtedness to roughly $38,000,000,000,000. “We’re gonna add another 20,000,000,000,000 over the next 10 years to a a debt of 38,000,000,000,000,” he said in the conversation.
The congressman framed Warsh’s approach as both a monetary and political…
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