Elizabeth Warren Criticizes Fed Chair Jerome Powell's Bank Regulations and Performance

Senator Elizabeth Warren has called for the removal of Jerome Powell as the chairman of the Federal Reserve, citing his failure to carry out the agency's mandates and his role in the collapse of two US banks. Warren has also criticized Powell's decision to continue raising interest rates to curb inflation and called for banking regulations to be reinstated. The Fed has launched an investigation into the collapse of Silicon Valley Bank and is expected to announce its next interest rates decision this week.