Warsh pledges Fed policy 'regime change' to rid inflation 'tax' on American people

Calling inflation an "unfair burden," Federal Reserve Chairman Kevin Warsh on Tuesday reiterated his call for "regime change" at the central bank.

"It has been a tax on the American people and businesses. We plan on getting rid of that tax," he said. "That means we need a regime change in policy, and we need new consideration of practices, some of which have been working, some of which haven't."