""The president never asked me to commit to interest rate cuts at any particular meeting over the period of my tenure at the Fed," Warsh said. "He didn't ask for it. He didn't demand it. He didn't require it, and nor would I have ever done so.""
""I would be an independent actor if confirmed as chairman of the Federal Reserve," Warsh responded to accusations of being a 'sock puppet' for Trump."
""Those assets... will be sold," Warsh stated when pressed about his undisclosed investments and potential ties to controversial companies."
""I have no objection to Warsh himself," said Sen. Thom Tillis, who indicated he would block a committee vote until the DOJ probe is resolved."
Kevin Warsh's Senate confirmation hearing for the Federal Reserve chair position was contentious, with Democrats questioning his independence under presidential pressure to cut rates. Warsh denied any commitment to rate cuts from President Trump. He asserted he would act independently if confirmed. Controversy arose over his undisclosed investments, particularly regarding potential ties to the Trump family and other controversial entities. Republicans also expressed concerns, with Sen. Thom Tillis blocking a committee vote until a related Department of Justice probe is resolved. Warsh previously served on the Federal Reserve Board from 2006 to 2011.
Read at The American Conservative
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