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RhodeislandcurrentApr 21, 2026

Fed chair nominee says he will be independent of Trump, though Dems see a ‘sock puppet’

Senator Tim Scott praised nominee Kevin Warsh as 'battle-tested' and ready to lead the Federal Reserve.

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Fed nominee Warsh questioned on independence from Trump and personal wealth
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Fed chair nominee says he will be independent of Trump, though Dems see a ‘sock puppet’
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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.

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Tim ScottR-South Carolina
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