Bessent Signals Potential Cover for Warsh to Stand Pat on Rates
Twice in two days, Bessent said he would understand it if the Fed doesn’t proceed with reducing rates as it awaits more information about the impact the Iran war is having on the US.
- Warren calls for greater transparency into Federal Reserve nominee Boston Globe —
- Kevin Warsh Faces Senate Scrutiny Over Financial Disclosure AP News —
- Senate Democrats raise alarm over Kevin Warsh’s $100mn of ‘undisclosed’ assets Financial Times —
- Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication. CNBC —
- Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair The Guardian —