Warsh Vows to Protect Fed Independence If Confirmed as Chair
April 21, 2026
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0:58Now PlayingWarsh Vows to Protect Fed Independence If Confirmed as Chair
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as posted by the channelKevin Warsh, President Donald Trump’s nominee to lead the US central bank, said the Federal Reserve needed a new framework for dealing with persistent inflation, without offering more specifics. #politics #usa #business #economy #money #fed #trump
Early in his testimony, Warsh blamed the Fed for allowing inflation to surge following the Covid-19 pandemic, and said quickly rising prices remain a problem for Americans.
“While it’s true that inflation is less problematic, meaning the rate of change in prices is less severe than it was some years ago, hard working Americans are no doubt feeling it,” Warsh said Tuesday in a hearing before the Senate Banking Committee. “I think that means a regime change in the conduct of policy. I think that means a different, new inflation framework.”
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