Fed Chair Nominee Kevin Warsh Advocates Central Bank ‘Regime Change’ in Senate Grilling

Fed Chair Nominee Kevin Warsh Advocates Central Bank ‘Regime Change’ in Senate Grilling

Kevin Warsh (L), former member of the Federal Reserve Board of Governors, talks with author Jon Hilsenrath, in Washington on April 18, 2024. Tasos Katopodis/Getty Images for Semafor

Kevin Warsh, President Donald Trump’s nominee to replace Jerome Powell as chair of the Federal Reserve, called for a “regime change” at the central bank.

Appearing at his April 21 confirmation hearing, Warsh reaffirmed the importance of Fed independence, but touted reforms to restore the century-old institution’s credibility.

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Original News Source Link – Epoch Times