Key moments at Kevin Warsh's confirmation hearing for Fed chair
Summary
Kevin Warsh is President Trump's choice to replace Jerome Powell as chair of the Federal Reserve. He faced tough questions from senators during his confirmation hearing on Tuesday.Key Facts
- Kevin Warsh is nominated by President Trump to lead the Federal Reserve.
- The current Fed chair, Jerome Powell, is stepping down.
- Warsh appeared before the Senate committee for his confirmation hearing.
- Senators asked Warsh challenging questions about his views and plans.
- The hearing took place on a Tuesday.
- The Federal Reserve is the U.S. central bank that manages the country’s money supply and interest rates.
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