Kevin Warsh Fed chair nomination
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Federal Reserve Chair nominee Kevin Warsh will tell lawmakers at his confirmation hearing Tuesday that the central bank’s autonomy to set interest rates is essential but always needs to be earned. Warsh, in a prepared opening statement obtained by ...
Fed chair nominee Kevin Warsh's confirmation hearing before the Senate Banking Committee will bring questions about interest rates and his personal wealth.
The Senate advanced Trump's Fed pick Kevin Warsh 49-44, with Democrats Fetterman and Coons backing the GOP push.
When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. Along the way, Powell shrugged off relentless personal attacks from President Donald Trump that began just months after his appointment.