Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel concerns that he would cut interest rates to please President Trump.
Kevin Warsh, President Trump’s pick to replace Federal Reserve Chair Jerome Powell, will testify Tuesday morning before the Senate Banking Committee. Trump announced Warsh, a former Fed board member, as his nominee in January as tensions rose between the president and Powell over interest rates and costly renovations at the nation’s central bank. The Trump…
He denied making a deal with Donald Trump on interest rates and backed "policy regime change" at the central bank.
Kevin Warsh’s confirmation hearing Tuesday should remove any doubt he’s the right man to head the Federal Reserve Board.
Sen. Elizabeth Warren calls Fed nominee Kevin Warsh a sock puppet for Trump during a heated Senate confirmation hearing on Capitol Hill this week.
Kevin Warsh, Trump’s ‘central casting’, has a long road ahead of convincing board members to lower interest ratesDonald Trump’s fate is to be frustrated by monetary policy.Even assuming he gets his way and Kevin Warsh succeeds Jerome Powell as chair of the Federal Reserve next month, it is unlikely that the president will finally gain control of the Fed.
President Donald Trump's pick to overhaul the Federal Reserve has enjoyed support from the commander in chief's allies in the Senate, but one lawmaker just might shut down the nominee's confirmation. Trump nominated Kevin Warsh to chair the Federal Reserve back in January after publicly feuding with current Chair Jerome Powell for failing to cut interest…
