Federal Reserve Chairman Kevin Walsh hires conservative advisors to plan reform of the Fed

According to CNN reporter Bryan Mena, Federal Reserve Chairman Kevin Walsh has hired Paul Winfrey and Daniel Hale as interim advisors to the Fed. Federal Reserve Chairman Kevin Walsh stated that there are a large number of redundant personnel within the Federal Reserve and plans to make adjustments to its 3000 Washington based employees. Federal Reserve Chairman Kevin Walsh suggests that Fed officials focus on the truncated mean as a measure of inflation.