Kevin Warsh, the president of the Federal Reserve, has a plan but is facing opposition from Scott Bessent. Warsh was personally chosen by President Donald Trump. The Federal Reserve is undergoing an important experiment under Warsh's leadership.

Warsh has stopped giving Wall Street hints about the central bank's next moves. He expects the bond market to react to economic data without trying to interpret the Fed's views.

Further details about the Federal Reserve's plan and the opposition Warsh is facing are available from the source, including analysis by Matt Egan, CNN.