Kevin Warsh's Fed 'Regime-Change' Plan Survives Senate Hearing
Kevin Warsh, the Fed chair nominee, defended his plan for a 'regime change' at the Federal Reserve during a Senate Banking Committee hearing, despite scrutiny over his independence from President Trump and financial disclosures. Warsh emphasized the need for a structural overhaul of the Fed, including redefining inflation, and expressed willingness to face dissent within the central bank. His confirmation remains uncertain, but his core proposals appear intact.
Topics: Federal Reserve Inflation Definition Interest Rates Kevin Warsh Regime Change Senate Confirmation