Warren Presses Fed Nominee Kevin Warsh On Undisclosed Assets And Trump Ties
Apr 22
Developing
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Sen. Elizabeth Warren pressed Federal Reserve nominee Kevin Warsh about undisclosed assets and ties to President Trump during his Senate Banking Committee hearing. The hearing took place Tuesday at 10 a.m. Eastern before the Senate Banking Committee, where Warsh is President Trump's pick to succeed Jerome Powell as Fed chair. Warsh opened by stressing monetary independence and saying inflation control would be his priority, though his prepared remarks omitted the Fed's maximum employment mandate. Powell's term ends May 15, raising urgency to resolve leadership before that date.
