Fed Nominee Kevin Warsh Denies 'Sock Puppet' Label During Senate Confirmation Hearing
Fed nominee Kevin Warsh denied being a 'sock puppet' of President Trump during a Senate Banking Committee hearing. The confirmation process has been complicated by Trump's efforts to influence the Federal Reserve and a DOJ investigation into outgoing Fed Chair Jerome Powell. The situation has raised concerns about the independence of the Fed.
Topics: Donald Trump Federal Reserve Jerome Powell Kevin Warsh Monetary Policy Political Pressure Senate Confirmation