April 22, 2026
44
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4:52Now PlayingFederal Reserve nominee Kevin Warsh told a Senate committee he never promised the White House interest rate cuts, emphasizing the Fed's essential political independence. Despite President Trump’s calls to slash rates to 1%, Warsh faces a worsening inflation crisis and a $100 million financial disclosure controversy. Tensions are peaking as current Chair Jerome Powell refuses to vacate his board seat until a "bogus" investigation into him is dropped. With the Supreme Court weighing in on Trump’s power to fire Fed officials, the transition remains deadlocked, threatening economic stability as Powell’s term as chair expires this May.
Trump's Fed Chair Pick Betrays Him? Kevin Walsh Vows To Work Independently To US Senators
#kevinwarsh #federalreserve #donaldtrump #jeromepowell #interestrates #inflation #economics #uspolitics #breakingnews #finance #marketnews #fedchair #senate #usnews #mirrornow
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