Fed chair nominee Warsh to field questions about Fed independence
President Donald Trump nominated Kevin Warsh and has reportedly pressured the Federal Reserve to lower interest rates.
Part of a bigger event
Warsh's path to Fed chief job entangled ahead of Senate confirmation hearing - Reuters12 articles·10 sources·Avg cred 82/100
Mixed
tl;dr
Senate Banking Committee members are set to question Fed chair nominee Kevin Warsh on central bank independence. Senator Elizabeth Warren raised concerns about his financial disclosures and ties to Jeffrey Epstein, while Senator Thom Tillis threatens to block the nomination over a DOJ probe of Jerome Powell.
Discussion
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