Watch live: Warsh testifies before House on state of US economy
Summary
Federal Reserve Chair Kevin Warsh testified before the House Financial Services Committee about the condition of the U.S. economy. The hearing took place amid concerns about rising costs for Americans and economic pressures connected to the ongoing conflict with Iran.Key Facts
- Kevin Warsh is the Federal Reserve Chair.
- He spoke to the House Financial Services Committee on Tuesday morning.
- The topic was the current state of the U.S. economy.
- President Donald Trump’s approval ratings have dropped recently.
- The drop in approval relates to problems with affordability and personal finances.
- These problems are partly due to the ongoing war with Iran.
- The hearing provides lawmakers with information about economic issues affecting Americans.
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