Federal Reserve Chairman Kevin Warsh has expressed a desire for the bond market to play a larger role in setting the price of money in America. This stance suggests that Warsh believes the bond market should take on more responsibility. Details about Warsh's position are available from recent reports.

The Federal Reserve Chairman's views on the matter have been noted, with Warsh contending that the bond market should do more of the work in this area. Further information on Warsh's less-guidance stance can be found in the original report, which provides more context on the Federal Reserve Chairman's perspective and its potential implications.