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Warsh, Trump's Fed Pick, Clashes with Warren on Election

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Kevin Warsh, Trumps Fed pick, clashes with Elizabeth Warren over election loss and Fed independence during confirmation hearing. Warsh emphasizes the Feds crucial independence, while Warren tests his loyalty to the job over any one leader.

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Warsh, Trump's Fed Pick, Clashes with Warren on Election

Entertainment & Celebrity News Today | 2 Min News | The Daily News Now!

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Entertainment & Celebrity News Today | 2 Min News | The Daily News Now!Warsh, Trump's Fed Pick, Clashes with Warren on Election. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 21st. This is Entertainment and Celebrity News Today, driven by AI what everyone's talking about. Kevin Worsh, Donald Trump's pick to chair the Federal Reserve, faced off with Senator Elizabeth Warren during his Senate confirmation hearing. The big class came when Warren pressed him on whether Trump lost the 2020 election, testing his independence from political pressure. Worsh stressed that the Fed's independence is crucial, especially amid worries he'd cave to Trump on things like slashing interest rates. He made it clear he wants to keep politics far away from the central bank's decisions if confirmed. Warren didn't hold back, basically calling Worsh Trump's puppet in her opening shot. She framed the election question as a straight-up fact check to gauge his backbone and loyalty to the job over any one leader. Worsh sides that they direct yes on the loss, noting the Senate certified the result years back. He left the exchange hanging without a full commitment either way. This hearing spotlight shows the high stakes for the Fed's next leader, with independence

on the line as the confirmation process rolls forward.

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