Kevin Warsh Hearing Live: Trump's Fed Chair Nominee to Face Questions from Senators — Li - WSJ
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Fed chair pick Kevin Warsh says he won't take orders from Trump on interest rates: Live updates
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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.
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Van Hollen asked Warsh why he was in favor of lowering interest rates while inflation remained high.
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CBS News' Kelly O'Grady has the latest.
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Jack Reed of Rhode Island pressed Kevin Warsh about whether he would cave to President Trump's demands to lower interest rates if he were to become the next Federal Reserve chairman.
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Tim Scott, Kevin Warsh criticized the Federal Reserve for "policy errors in 2021 and 2022" that allowed inflation to soar.
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Once you let inflation take hold of the economy, it's more expensive and harder to bring it down," Warsh said.
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Kevin Warsh Hearing Live: Trump's Fed Chair Nominee to Face Questions from Senators — Li WSJThe 1 question that will dominate Kevin Warsh's Fed nomination hearing
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Summary
**Summary:** The Senate is set to hear questions from lawmakers regarding Federal Reserve nominee Kevin Warsh, who was previously a member of President Trump's administration. The hearing will focus on his stance on interest rates and the independence of the Fed. **Why It Matters:** This hearing is significant because it provides insight into how potential
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