Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump

Federal Reserve Chair Kevin Warsh avoided addressing several pressing questions during a Senate session, notably declining to comment on the influence of artificial intelligence on inflation, his interactions with President Donald Trump, and the Fed's strategy to manage persistent economic challenges. This evasive approach has sparked concerns among some senators about transparency and the Fed's independence in policy-making. Given the Fed's crucial role in shaping economic policy, this reluctance to engage on such significant topics has raised eyebrows and could impact public trust in the central bank's decision-making processes.