Warren grills Warsh over alleged corruption in tense Senate hearing

Sen. Elizabeth Warren aggressively questioned Federal Reserve Chair Kevin Warsh during a Senate Banking Committee hearing, accusing him of corruption tied to a reported $100 million asset divestment before he took office and pressing for details on who financed it. Warsh defended his compliance with ethics rules, while the exchange also touched on a potential blackout-period issue involving Fed Vice Chair Michelle Bowman. The session also featured Warsh stressing AI’s broad economic impact.