Kevin Warsh Fed confirmation hearing

Kevin Warsh, President Trump's pick to lead the Federal Reserve, appeared before the Senate Banking Committee to defend his nomination amid concerns of political interference.

Warsh rejected the 'sock puppet' label, insisting he has not promised the White House to lower interest rates in exchange for the position.

Senators, including Elizabeth Warren, pressed the nominee on his financial disclosures and his past criticisms of the central bank's communication strategies.

The hearing highlights the growing tension between the administration's economic goals and the Fed's traditional autonomy.