IBM exec says Trump's Fed pick will 'overhaul' central bank policies while bringing crisis expertise

IBM Vice Chair Gary Cohn said President Donald Trump’s Federal Reserve nominee Kevin Warsh is uniquely positioned to overhaul the central bank, pointing to Warsh’s hands-on role during the 2008 financial crisis and his plans to return the Fed to traditional monetary and regulatory norms.

Cohn made the remarks Sunday during an appearance on CBS’ "Face the Nation," where host Margaret Brennan asked him about Trump’s pick to lead the Federal Reserve.

Cohn, who worked closely with Warsh...