Kevin Warsh, Trump’s Fed Pick, to Defend Bank’s Ability to Set Rates Independently
President Trump has pressured the Federal Reserve for lower interest rates and sought to replace key board members.
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TAP FOR WHYOutlet credibility · The New York Times94/100 HIGH
31 stories · 94–95 · updated Sep 25, 2026
This article1 analysis · Apr 21, 2026
SOURCEThe New York Times
Published Apr 20, 2026
tl;dr
Kevin Warsh, President Trump’s nominee for Federal Reserve Chair, will testify before the Senate Banking Committee to defend the bank's independence in setting interest rates while acknowledging greater presidential influence in regulatory policy.
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Thom Tillis
R · NC · SEN
Member of the Senate Banking Committee
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