Trump’s Fed pick grilled by Senate panel, with confirmation still in limbo
Chairman Powell remains at the center of a dispute over Fed independence as his term nears expiration amid a DOJ probe.
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The 1 question that will dominate Kevin Warsh’s Fed nomination hearing9 articles·8 sources·Avg cred 81/100
Good Look
tl;dr
Kevin Warsh faced a Senate hearing for his nomination as Fed Chair, pledging independence from President Trump despite the president's demands for rate cuts and ongoing Justice Department investigations into current Fed leadership.
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