Fed nominee Warsh questioned on independence from Trump and personal wealth
PBS
—
President Trump's pick to lead the Federal Reserve, Kevin Warsh, was on Capitol Hill facing a slew of lawmaker questions on his monetary policy and independence from Trump.
But the president's pressure campaign against Jerome Powell threatens to freeze Warsh's nomination.
Amna Nawaz discussed more with David Wessel of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution.
Warsh vows independence in Fed hearing
- President Trump’s pick to lead the Federal Reserve, Kevin Warsh, told senators he would chart a sharp departure from the central bank’s recent approach while promising to maintain institutional independence Wall Street Journal —
- Takeaways from Fed chair nominee Kevin Warsh's confirmation hearing NPR —
- No ‘sock puppet’? What to expect from Trump’s pick for the Fed chair Sydney Morning Herald —
- Why Trump’s pick for Fed chair will not bring home the bank for the president The Guardian —
- Democrat attacks Fed nominee Warsh as Trump's 'sock puppet' 📹 Reuters — · 3min