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22.04.26 - 01:30
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Trump′s Fed chair pick says he′ll maintain independence – but won′t say president lost 2020 election (The Guardian)
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Kevin Warsh says 'we need to take politics out of monetary policy' as Elizabeth Warren calls him Trump's 'sock puppet'Donald Trump's nominee for US Federal Reserve chair, Kevin Warsh, faced a tumultuous hearing in Washington on Tuesday, fielding scrutiny over his wealth and his ability to operate independently of the president who appointed him.Should he be confirmed, Warsh will hold one of the most powerful roles in the US federal government, with massive influence over the global economy and the ability to move markets. Continue reading......
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21.04.26 - 21:31
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Warsh faces pressure on Fed independence, assets in Senate grilling (The Hill)
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Senators grilled Kevin Warsh, President Trump's pick to lead the Federal Reserve, on Tuesday over the central bank's independence and his plans to divest his financial assets amid the push to confirm Fed Chair Jerome Powell's replacement. Warsh argued that “independence is up to the Fed” and defended his ethics agreement with the administration during......
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