Warsh rejects accusations he would be Trump’s ‘sock puppet’
Senators grill nominee to head Federal Reserve over president’s demands for interest rate cuts
Warsh rejects accusations he would be Trump’s ‘sock puppet’
Senators grill nominee to head Federal Reserve over president’s demands for interest rate cuts Grouped from 5 articles across 4 sources.
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Trump’s US Fed nominee Warsh vows independence, says he’s no ‘sock puppet’
Kevin Warsh's confirmation hearing shines spotlight on doubts over his independence as Trump pushes again for rate cuts.
From Epstein to sock puppets: Key takeaways from Kevin Warsh's Fed confirmation hearing
He denied making a deal with Donald Trump on interest rates and backed "policy regime change" at the central bank.
Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates
Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liability On the face of it, Kevin Warsh looks like an ideal candidate to chair the Federal Reserve, the world’s most important central bank. The 56-year-old Ivy League economist, former Wall Street banker and presidential adviser ticks all the boxes. Unfortunately for Warsh, as he faces what could be a fraught nomination hearing, his biggest backer is also his biggest liability. In his second term, Donald Trump has attacked the Fed in a manner both unprecedented and unseemly. He has called current chair Jerome Powell – whom he also appointed – a “jerk” , “a stubborn MORON” , and repeatedly threatened to fire him . Continue reading...
Senators grill Warsh on independence from Trump and personal wealth
Donald Trump’s pick to lead central bank tells lawmakers independence of rate-setters is not ‘particularly threatened’
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