Warsh Vows Fed Independence in Senate Confirmation Hearing
TL;DR
Trump's pick Kevin Warsh testifies to the Senate Banking Committee to defend the Fed's independence in setting interest rates, arguing policy should be guided by analysis and data rather than politics, while his confirmation faces headwinds from a criminal probe into Powell and ongoing White House pressure for lower rates.
- Trump’s Fed Pick to Defend Central Bank’s Independence on Rate Setting The New York Times
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- Fed nominee Warsh prepares for monetary policy road test before Senate panel Reuters
- Next Catalyst for Treasury Bonds Is Named Kevin Warsh Bloomberg.com
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