Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
Kevin M. Warsh is set to testify at the Senate Banking Committee on Tuesday even as a criminal investigation into the central bank risks delaying his ascension to become the next chair.
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…
President Trump's pick to lead the Federal Reserve goes before a Senate committee today — but Kevin Warsh's confirmation could be held up by forces that are outside his control.
Kevin Warsh, nominated as the next Federal Reserve chairman, is prepared to testify in front of the Senate banking committee for his confirmation hearing on Tuesday morning. President Donald Trump tapped Warsh to replace Chairman Jerome Powell, whose tenure in the last year has been marked by his adversarial relationship with the president. THE QUESTIONS…
Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, says he'd be an independent actor if confirmed, and he says Trump never asked him to commit to any particular rate decision. Warsh testified before the Senate Banking Committee. (Source: Bloomberg)
