GOP treads carefully as Warsh defends Fed independence amid rate rise

Republican lawmakers display cautious support for Fed Chair Kevin Warsh’s independence after the Fed hikes rates, acknowledging the need to fight inflation while avoiding direct clashes with the new chair ahead of the midterms. The roundup also covers a stalled Senate push to pass the Ratepayer Protection Act addressing data-center electricity costs, renewed scrutiny of Flock Safety’s license-plate cameras and a related Senate hearing, a fundraiser for Mike Collins in Georgia, ongoing tensions with rebel House Democrats, and a new bipartisan AI policy working group signaling ongoing debates over AI safety, governance, and technology policy.