Kevin Warsh testifies that the Fed will remain “strictly independent”

Kevin Warsh, President Trump’s nominee to replace Jerome Powell as chair of the Federal Reserve, testified at his Senate confirmation hearing on Tuesday that the central bank will remain “strictly independent” in setting monetary policy. Warsh’s opening statement comes after Mr. Trump has repeatedly criticized Powell for not cutting interest rates at a faster pace.

What to expect at Kevin Warsh’s Fed chair confirmation hearing

Update: Follow the latest on Kevin Warsh’s confirmation hearing here.  Kevin Warsh, President Trump’s nominee to replace Jerome Powell as chair of the Federal Reserve, is set to face questions regarding his views on inflation, interest rates and other economic issues at a Senate Banking Committee hearing on Tuesday.  A majority on the 24-member panel

LIVE NOW: Senate Subcommittee Examines National Guard, Reserve Forces Budget for Fiscal Year 2027

The Senate Appropriations Subcommittee on Department of Defense holds a hearing to examine proposed budget estimates and justification for fiscal year 2027 for the National Guard and reserve forces at 10:30 a.m. ET on April 21. Witnesses: Lt. Gen. John P. Healy, chief of the Air Force Reserve; Lt. Gen. Len “Loni” Anderson, com… Original