The Fed chair nominee appears in front of the Senate Banking Committee.
As the confirmation hearings for President Donald Trump's nominee to lead the Federal Reserve approach, Democrats are planning to focus on his finances, the Wall Street Journal reported on Monday evening."In a preconfirmation filing last week, Warsh disclosed assets worth more than $100 million but declined to identify the underlying holdings of his…
Kevin Warsh heads into a high-stakes Senate confirmation hearing as Trump's pick to lead the Federal Reserve amid mounting economic and legal pressure.
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
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, President Trump’s pick to lead the Fed, is expected to face a heated grilling in a Senate hearing Tuesday over his commitment to independence and whether he plans to slash interest rates.
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…
