SMH ·general ·1 hour ago

Kevin Warsh denies Trump influence during Federal Reserve confirmation hearing

Kevin Warsh, nominated for chair of the US Federal Reserve, faced questions about his independence from Donald Trump during his confirmation hearing on April 22. Warsh denied any pressure to adjust interest rates, stating, 'The president never asked me to predetermine nor would I ever agree to do so.' Trump's influence over the Fed remains a concern among observers.

Summary by Glance · SMH

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