Federal Reserve Chairman Walsh: If I had no previous experience with the Federal Reserve, I might be wary of introducing new ideas. The Federal Reserve is full of talent; the key is to create the right organizational culture. 75% of workers at the Federal Reserve do not work on monetary policy. The chairman of the Federal Reserve is required to control all departments of the Federal Reserve.

Federal Reserve Chairman Walsh: If I had no previous experience with the Federal Reserve, I might be wary of introducing new ideas. The Federal Reserve is full of talent; the key is to create the right organizational culture. 75% of workers at the Federal Reserve do not work on monetary policy. The chairman of the Federal Reserve is required to control all departments of the Federal Reserve.