Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday

Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday


Key Points
  • Fed chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints.
  • Political independence has been a key question surrounding the search for a successor to current Chair Jerome Powell.
  • In remarks he’s scheduled to deliver to the committee at the hearing’s start, Warsh issued a qualified endorsement of Fed independence.
  • The former Fed governor will face questioning over a variety of subjects, from monetary policy to banking regulation to his own complicated personal finances.



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