Watch: Kevin Warsh, Trump's Fed Chair pick, gives opening statement at confirmation hearing
Summary
Kevin Warsh, nominated by President Donald Trump to be the next chairman of the Federal Reserve, spoke at his Senate confirmation hearing. He started his statement by saying that America's economy has more potential to grow right now.Key Facts
- Kevin Warsh is President Donald Trump’s pick to lead the Federal Reserve.
- Warsh spoke at a confirmation hearing held by the Senate.
- He gave an opening statement about the economy.
- Warsh said America’s economic growth potential is increasing.
- The Federal Reserve chairman guides U.S. monetary policy.
- The Senate must approve Warsh before he can become chairman.
- The hearing was covered by CBS News.
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