Warren warns Warsh nomination could imperil the Fed's independence
TL;DR Summary
Sen. Elizabeth Warren is leading Democrats against Donald Trump’s pick for Fed chair, Kevin Warsh, arguing his past hawkish stance raising the prospect of political influence over policy would undermine the Fed’s independence. With Republicans in the Senate majority, her effort to delay or derail Warsh faces an uphill battle as the nomination moves forward amid broader tensions over inflation, Powell’s leadership, and political pressure on the central bank.
- Elizabeth Warren says Kevin Warsh is ‘so much more dangerous’ than the other Fed chair nominees The Boston Globe
- Why Trump’s Federal Reserve Pick May Surprise Him Politico
- Opinion | Senators should press Trump’s Fed nominee on these comments The Washington Post
- Fed pick: Tillis doubles down on Warsh blockade over concerns about central bank independence CNBC
- Untangling the ideas of Donald Trump’s Fed nominee The Economist
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