Kevin Warsh Testifies on Fed Independence and Rejects Trump's 'Sock Puppet' Label

Kevin Warsh, President Trump's nominee for Federal Reserve leadership, testified before the Senate Banking Committee, emphasizing the importance of central bank independence and rejecting claims that he would be Trump's 'sock puppet.' The hearing occurred amid ongoing DOJ investigations into the Fed and current Chair Jerome Powell. Warsh also criticized recent Fed policies and expressed cautious optimism about inflation trends.

By Grace O'Donnell and Jennifer Schonberger Updated Thu, April 23, 2026 at 6:51 PM GMT+3 1 min read · Yahoo Finance ·

Kevin Warsh Testifies on Fed Independence and Rejects Trump's 'Sock Puppet' Label

Topics: Central Bank Independence Federal Reserve Inflation Policy Kevin Warsh President Trump Senate Hearing

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