Fed Nominee Kevin Warsh Pressed on Independence and Divestment
Kevin Warsh, the nominee to lead the Federal Reserve, faced a Senate confirmation hearing that tested his monetary policy views and his approach to the central bank’s independence.
During the hearing, Warsh said he was committed to Fed independence, though with limits. Senate Democrats also pressed him on plans to divest holdings, adding another issue to the review of his nomination.
From the sources (6 posts)
@reutersFed nominee Warsh prepares for monetary policy road test before Senate panel
@reutersFed chief nominee Warsh commits to central bank's independence, with limits
@reutersSenate Democrats press Fed chair pick Warsh on plan to divest holdings
@reutersFed chief nominee Warsh commits to central bank's independence, with limits
@wsjPresident Trump picked Kevin Warsh for Fed chair expecting lower interest rates. How Warsh navigates their relationship could shape what he can actually deliver.
@businessKevin Warsh, President Donald Trump’s nominee to chair the Fed, will appear before the Senate Banking Committee for a confirmation hearing at 10 a.m. on Tuesday. It could be the most contentious such hearing in many decades