Updated
Updated · The Guardian · May 13
Warren Slams Warsh Fed Confirmation, Citing His 2020 Election Evasion
Updated
Updated · The Guardian · May 13

Warren Slams Warsh Fed Confirmation, Citing His 2020 Election Evasion

11 articles · Updated · The Guardian · May 13
  • Elizabeth Warren attacked Kevin Warsh’s confirmation as Federal Reserve chair, calling him a “sock puppet” for Trump and arguing he failed a basic independence test by refusing to say Trump lost the 2020 election.
  • On the Senate floor, Warren said the Fed needs a chair guided by economic data rather than Trump’s politics, sharpening Democrats’ case that Warsh would not act independently at the central bank.
  • Warren also said the criminal investigation into outgoing Chair Jerome Powell remains alive, citing US attorney Pirro’s pledge to restart the probe and continue litigating the issue.
  • That accusation tied Warsh’s advance to Senate maneuvering: Warren said Republicans moved his nomination only after the administration “pretended to close” the Powell investigation, despite Thom Tillis’s earlier threat to block him until it was dropped.
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