Fed, Warsh and his independence
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President Donald Trump's pick to lead the Federal Reserve, Kevin Warsh, is signaling a notably upbeat view of the U.S. economy — while also calling for sweeping changes in how the central bank conducts policy.
Fed chair nominee Kevin Warsh's confirmation hearing before the Senate Banking Committee will bring questions about interest rates and his personal wealth.
US Federal Reserve Chair nominee Kevin Warsh on Tuesday told lawmakers that he would uphold the central bank's independence and base monetary policy decisions strictly on economic data, as he appeared before the Senate for his confirmation hearing.