Warsh faces pressure on Fed independence, assets in Senate grilling

Source: The Hill News · Bias: Center

Summary

Senators grilled Kevin Warsh, President Trump’s pick to lead the Federal Reserve, on Tuesday over the central bank’s independence and his plans to divest his financial assets amid the push to confirm Fed Chair Jerome Powell’s replacement. Warsh argued that “independence is up to the Fed” and defended his ethics agreement with the administration during…

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Warsh faces pressure on Fed independence, assets in Senate grilling
The Hill News

Warsh faces pressure on Fed independence, assets in Senate grilling

Center

Senators grilled Kevin Warsh, President Trump’s pick to lead the Federal Reserve, on Tuesday over the central bank’s independence and his plans to divest his financial assets amid the push to confirm Fed Chair Jerome Powell’s replacement. Warsh argued that “independence is up to the Fed” and defended his ethics agreement with the administration during…