Fed Confirmation Live: Kevin Warsh testifies in front of the Senate Banking Committee
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#thefed #federalreserve
Kevin Warsh, President Trump’s pick to lead the Federal Reserve, will testify in front of the Senate Banking Committee today at 10 a.m. ET amid pressure from the Trump administration to lower interest rates.
Warsh is expected to underscore that central bank independence “is essential,” according to prepared remarks. Warsh’s opening testimony did not contain any mention of his current views on interest rates.
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