Kevin Warsh Faces Senate Confirmation

Kevin Warsh, the Trump administration's pick to lead the Federal Reserve, appeared before lawmakers on Tuesday for a high-stakes confirmation hearing.

Warsh sought to distance himself from the 'sock puppet' label, insisting he has made no promises to the White House regarding interest rate cuts.

Senator Elizabeth Warren led the opposition, highlighting Warsh's past policy stances and raising concerns about the potential for political interference in monetary policy.

The hearing comes as the administration continues its investigation into current Fed Chair Jerome Powell over alleged cost overruns.