Kevin Warsh isn't just a Federal Reserve nominee. He's a catalyst for the spread. Tim Spence, CEO of Fifth Third Bancorp (FITB), told Yahoo Finance's Opening Bid that the prospect of a Warsh-led Fed creates a "pretty golden environment for banks." His optimism hinges on Warsh slashing interest rates while aggressively shrinking the Fed's $6.6 trillion balance sheet. For an industry that makes its bread on the difference between short-term costs and long-term yields, "some steepness" to the curve — where ...