Early takeaways from Kevin Warsh's Fed chair confirmation hearing
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Kevin Warsh, President Trump's nominee for Federal Reserve chair, stated the central bank would remain "strictly independent."
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Kevin Warsh, President Trump's nomination for chair of the Federal Reserve, testified before senators at his confirmation hearing on Tuesday. During the hearing, Warsh assured senators that the central bank would maintain its "strictly independent" status. This statement addresses a critical aspect of the Federal Reserve's function, emphasizing its autonomy from political influence. CBS News' Taurean Small reported on the proceedings.
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<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxPajJkMmlia01jTkU5RFh3UExoX2hiR1VWbnhCNktsMlhIVG1GZkVZVHZFNDBtOFJkUl9qNUpIYUd5M1hIOUVUUzZqX19WMWtHbWk5UExocEoya20zdlk4OTRuUFFBTkp4bzhNcThDZlJJME9oa3pjU2x3VVRncEdNZldiWGx3WDNCVjFFR3dqN19DSGdMTzdwUkJkcw?oc=5" target="_blank">Trump threatens to fire Powell if the Fed Chair decides to stay on after his term ends next month</a> <font color="#6f6f6f">AP News</font>
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