Fed nominee Warsh questioned on independence from Trump and personal wealth

“Senator Tim Scott presided over the hearing and supported Warsh, citing his experience during the 2008 financial crisis.”

“Senate Banking Chairman Tim Scott will lead the hearing, focusing on Fed independence and its role in national affordability.”

“Senator Scott praised Warsh as a 'battle-tested' leader capable of steering the economy during times of crisis.”

“Senator Tim Scott rebuked Elizabeth Warren for interrupting a Federal Reserve confirmation hearing, asserting his authority as committee chairman.”

“Senator Tim Scott delivered the opening Republican statement during the confirmation hearing for the next Federal Reserve Chair.”