Kevin Warsh pledges to uphold Fed independence in prepared testimony

Kevin Warsh pledges to uphold Fed independence in prepared testimony

Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, will pledge to defend the central bank’s independence at his confirmation hearing, according to testimony prepared for the event. Warsh’s testimony doesn’t mention lowering interest rates, as Trump has sought. Warsh, a 56-year-old former Fed governor, will tell lawmakers on the Senate Committee on […]

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