Fed Chair Nominee Warsh Commits to Independence
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Confirmation hearings for Federal Reserve chairs are usually staid, rubber-stamp affairs. Not this one.
The hearing marks a key hurdle Kevin Warsh must overcome in order to succeed Jerome Powell when his term ends on 15 May
Federal Reserve chief nominee Kevin Warsh also called for a communications overhaul that may discourage his colleagues from saying too much about the direction of monetary policy.
Kevin Warsh denied making a deal with Donald Trump on interest rates and said he wanted regime change at the central bank.
Kevin Warsh, President Donald Trump’s nominee for Fed chair, appeared before the Senate Banking Committee Tuesday, where lawmakers questioned him on Fed policy, independence, and his finances.
Donald Trump's nominee to lead the Federal Reserve pledged to fight inflation at a hearing Tuesday even as the president renewed his demands for interest rate cuts that could worsen it. The comments
Kevin Warsh, President Trump's pick to lead the Federal Reserve, will testify in front of the Senate Banking Committee on Tuesday at 10 a.m. ET amid pressure from the Trump administration to lower interest rates.
Economist Scott Cunningham showed the Fed how AI agents can replicate studies for $11—and why the same tools could erode the expertise that makes research worth reading.