Kevin Warsh Calls for Fed 'Regime Change,' Vows Independence
Federal Reserve chair nominee Kevin Warsh used his Senate confirmation hearing to call for "regime change" at the central bank, proposing a new approach to controlling inflation and an overhaul of Fed communications. He also backed crypto's place in finance, outlining a broader reform agenda for the institution.
When questioned about President Donald Trump's influence, Warsh said he would be an independent actor and "absolutely not" the president's "human sock puppet." But his path to the Fed chairmanship remains clouded by Trump's criminal probe of the central bank, which has become a political complication for his nomination.
From the sources (21 posts)
@wsjKevin Warsh, Trump's nominee for Fed chair, largely stuck to points he has made repeatedly over the last several years in laying his case for a "reform" agenda at the Fed during his Senate confirmation hearing. Here's what stood out to @Ni
@unusual_whalesWarren: Having a sock puppet in charge of the Fed would also give the president access to the Fed's powerful authorities to enrich himself, his family, and his Wall Street buddies.
@goldtelegraph_BREAKING NEWS FEDERAL RESERVE CHIEF NOMINEE KEVIN WARSH CALLED FOR "REGIME CHANGE" AT THE U.S. CENTRAL BANK Here we go… Boom.
@businessRepublican Senator Thom Tillis signaled openness to advancing Kevin Warsh’s nomination to be Federal Reserve chair if an ongoing US criminal inquiry into the central bank is dropped and Congress launches its own investigation.
@theblockcoFed pick Warsh backs crypto’s place in finance as Warren raises ‘sock puppet’ concerns in hearing
@ftWarsh sidesteps questions over Trump’s influence on Fed rate policy
@yahoofinance"As soon as he's confirmed, the president will expect a rate cut," former Kansas City Federal Reserve Bank president Thomas Hoenig says on Kevin Warsh, adding: "That's made very clear by the president."
@businessKevin Warsh repeatedly pledged to act independently if he’s confirmed as the next Federal Reserve chair in testimony before the Senate Banking Committee Tuesday. @tylerskendall breaks down the key takeaways from the hearing
@goldtelegraph_RT @GoldTelegraph_: BREAKING NEWS FEDERAL RESERVE CHIEF NOMINEE KEVIN WARSH CALLED FOR "REGIME CHANGE" AT THE U.S. CENTRAL BANK Here we g…
@ftWarsh signals evolution, not revolution at the Fed
@goldtelegraph_“His plan for what he calls regime change at the Federal Reserve…” Source:
@coinmarketcapLATEST: 📊 Bitcoin dipped below $75,000 on Tuesday after Fed chair nominee Kevin Warsh told US senators he had not committed to cutting interest rates.
@reutersWarsh told the Senate panel he'd work with the Treasury Department to help achieve his goal of a smaller Fed balance sheet, in an effort observers say would represent a long-term project for the central bank https://
@reutersFed chief nominee Warsh's often combative exchanges with Democratic senators and friendly ones with Republicans mulling his confirmation yielded plenty of insights about both his approach to the job and the heated politics of the moment. He
@businessKevin Warsh, Donald Trump’s pick to replace Jerome Powell as chair of the Federal Reserve, denied that he would be the president’s “sock puppet.”
@businessWarren assails Warsh’s performance at his confirmation hearing, saying he failed to demonstrate the will to defy Trump
@businessThe biggest question facing Kevin Warsh was answered before he even reached the committee room Tuesday when Trump doubled down on a criminal probe that is effectively blocking his own nominee from taking over at the Federal Reserve https://
@unusual_whalesKennedy: Are you going to be the president's human sock puppet?" Kevin Warsh: "Absolutely not…I'll be an independent actor."
@polymarketJUST IN: Senator Warren blasts Kevin Warsh’s Fed Chair confirmation hearing, saying he failed to show he could “stand up” to Trump.
@reutersFederal Reserve chief nominee Kevin Warsh called for ‘regime change’ at the US central bank, including a new approach for controlling inflation and a communications overhaul
@goldtelegraph_RT @GoldTelegraph_: BREAKING NEWS FEDERAL RESERVE CHIEF NOMINEE KEVIN WARSH CALLED FOR "REGIME CHANGE" AT THE U.S. CENTRAL BANK Here we g…