Watch: Sen. Gallego presses Kevin Warsh about whether Trump asked him to cut interest rates

Sen. Ruben Gallego pressed Kevin Warsh again about whether President Trump asked him to commit to lowering interest rates if he was nominated to lead the Federal Reserve. Warsh reiterated that the president never asked him to “commit to any such thing.” Source link

Watch: Kevin Warsh sidesteps question about Trump’s attempt to fire Lisa Cook

During questioning from Democratic Sen. Angela Alsobrooks, Kevin Warsh declined to weigh in on President Trump’s attempt to fire Lisa Cook from her position on the Federal Reserve Board of Governors, a case that is now before the Supreme Court. “The Fed should stay in its lane,” Warsh said. Source link

Watch: Sen. Kennedy asks Kevin Warsh if he’s going to be Trump’s “human sock puppet”

Watch: Sen. Kennedy asks Kevin Warsh if he’s going to be Trump’s “human sock puppet” – CBS News Watch CBS News Kevin Warsh told GOP Sen. John Kennedy that he will not be President Trump’s “human sock puppet” and will remain fully independent if he’s confirmed as the chairman of the Federal Reserve. Source link

Watch: Tillis blasts DOJ’s “bogus investigation” into Fed Chair Powell during Warsh hearing

GOP Sen. Thom Tillis of North Carolina spent his time during the confirmation hearing for Kevin Warsh slamming the Justice Department’s “bogus investigation” into Federal Reserve Chairman Jerome Powell over renovation costs at the central bank’s headquarters. Tillis said he will block Warsh’s nomination until the Justice Department drops its investigation. Source link

Watch: Kevin Warsh criticizes Fed for

During questioning from GOP Sen. Tim Scott, Kevin Warsh criticized the Federal Reserve for “policy errors in 2021 and 2022” that allowed inflation to soar. “Once you let inflation take hold of the economy, it’s more expensive and harder to bring it down,” Warsh said. Warsh appeared before his Senate confirmation hearing to replace Jerome … Read more

Kevin Warsh set to testify that the Federal Reserve will remain

Kevin Warsh, President Trump’s nominee to replace Jerome Powell as chair of the Federal Reserve, is set to testify at his Senate confirmation hearing on Tuesday that the central bank will remain “strictly independent” in setting monetary policy. The statement, published by Politico ahead of Warsh’s 10 a.m. ET confirmation hearing before the Senate Banking Committee, comes … Read more