Fed chair nominee says he will be independent of Trump, though Dems see a ‘sock puppet’
Jerome Powell remains at the center of a political and legal battle as his term at the Federal Reserve nears its end.
Part of a bigger event
The 1 question that will dominate Kevin Warsh’s Fed nomination hearing9 articles·8 sources·Avg cred 81/100
Mixed
tl;dr
Fed chair nominee Kevin Warsh testified before the Senate Banking Committee, vowing independence despite President Trump's public pressure to lower interest rates and a looming committee deadlock caused by Senator Thom Tillis's opposition.
Discussion
What's your take?
Loading comments...