Fed chair nominee vows he’ll be independent of Trump

Fed chair nominee vows he’ll be independent of Trump

WASHINGTON — President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, vowed in congressional testimony that the central bank will remain “strictly independent” if he’s confirmed to the top spot, even as the president has broadcast his demand for the new Fed chair to lower interest rates. Warsh, a former Fed board governor, […] The post Fed chair nominee vows he’ll be independent of Trump appeared first on Asia Times.

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