Warsh's Warning: 3 US Financial Stocks to Watch Amid Higher Rates

Investors are rethinking their strategies in light of Kevin Warsh's recent speech at Jackson Hole, which put inflation and interest rates back in the spotlight. This has led to a mix of concern and opportunity, making it hard to ignore.

Three US financial stocks stand out for their potential: Voya Financial (VOYA), Independent Bank (INDB), and Fidelity National Financial (FNF). Each has its own unique story and exposure to the current market conditions.

Voya Financial is a diversified benefits and savings provider that earns most of its revenue from retirement and employee benefits. With a market cap of around $8.9 billion, it's a larger-cap company with value-style metrics rather than being a pure interest rate play.

Independent Bank is a regional commercial bank that serves individuals and small-to-medium sized businesses with deposits, loans, and wealth management. Its revenue comes mainly from community banking activities in the US, with a market cap of about $4.0 billion.