New Fed chair Kevin Warsh has a $6.7 trillion conundrum
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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 ...
A Senate committee on Wednesday voted to advance Fed chair nominee Kevin Warsh, clearing a key hurdle in his path to replace Fed Chair Jerome Powell before his term ends next month. Warsh's nomination will move to a confirmation vote on the floor of the ...