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confirmation hearing

Estable8 noticias6 fuentesÚltima actualización: 22.04.2026

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Kevin Warsh Signals Fed Shift Toward Balance Sheet Reduction, Domestic Focus
En desarrollo
Business·22.04.2026Resumen IA

Kevin Warsh Signals Fed Shift Toward Balance Sheet Reduction, Domestic Focus

Kevin Warsh told the Senate Banking Committee he would work with the US Treasury to reduce the Federal Reserve's balance sheet, marking a shift from the Fed's role as a global central bank supplying unlimited liquidity to a tighter monetary approach focused on domestic productivity and monetary sovereignty. CICC analysts noted expectations of abundant US dollar liquidity may be revised, warning assets reliant on liquidity-driven gains could face headwinds. Citic Securities said implementation would likely be gradual if launched in the second half of the year.

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SCMP Economy
Kevin Warsh Fed Nomination Hearing Sparks Debate Over Central Bank Independence
En desarrollo
Política·21.04.2026Resumen IA

Kevin Warsh Fed Nomination Hearing Sparks Debate Over Central Bank Independence

Kevin Warsh's confirmation hearing to become Federal Reserve chairman ignited debate over central bank independence as President Trump publicly demanded rate cuts. Warsh assured senators he would maintain independence if confirmed, despite Trump's pressure. The market nearly prices in 70% odds of no rate cuts this year, with oil prices and AI's impact on jobs key factors. Warsh, worth over $135 million and married to Estee Lauder heiress, has strong incentive to preserve Fed independence for his legacy.

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CNBC
Kevin Warsh's Fed Confirmation Hearing: 'Regime Change' Plan Largely Unquestioned
En desarrollo
Política·21.04.2026Resumen IA

Kevin Warsh's Fed Confirmation Hearing: 'Regime Change' Plan Largely Unquestioned

Kevin Warsh faced Senate confirmation hearing Tuesday with Democrats and Republicans challenging his finances, relationship to Trump, and AI views. However, his plan for 'regime change' at the Federal Reserve—including abandoning press conferences, forward guidance, and the core PCE inflation measure—went largely unquestioned. Former Fed Chair Janet Yellen expressed doubt that Warsh could sway the FOMC, but the Senate showed little resistance to his potential overhaul of the central bank.

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CNBC
Fed Nominee Kevin Warsh Calls for "Regime Change" at Central Bank
En desarrollo
Política·21.04.2026Resumen IA

Fed Nominee Kevin Warsh Calls for "Regime Change" at Central Bank

Kevin Warsh, President Trump's Fed chief nominee, called for "regime change" at the US central bank during his Senate confirmation hearing, proposing new inflation control approaches and a communications overhaul that may limit policymakers' public commentary on interest rate direction. Republican Senator Thom Tillis refused to support Warsh until the Trump administration drops a criminal probe of current Fed Chair Jerome Powell, potentially leaving Powell in the role indefinitely. Warsh blamed the Fed for post-pandemic inflation and said he would explore AI-driven data tools for better inflation insights.

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SCMP Economy
Kevin Warsh Faces Democratic Criticism at Fed Chair Confirmation Hearing
En desarrollo
Política·21.04.2026Resumen IA

Kevin Warsh Faces Democratic Criticism at Fed Chair Confirmation Hearing

Kevin Warsh, Trump's nominee to lead the Federal Reserve, faced sharp criticism from Senate Democrats at his confirmation hearing, with Senator Elizabeth Warren calling him a "sock puppet" for presidential policies. Lawmakers questioned his financial disclosures, crypto investments, and independence amid concerns Trump seeks to influence interest rate decisions. Warsh denied Trump ever asked him to commit to any rate decision. Powell's term ends May 15, but prediction markets show only 37% expect confirmation by that date.

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Cointelegraph
Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates
NOTICIA
21.04.2026

Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates

Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liabilityOn the face of it, Kevin Warsh looks like an ideal candidate to chair the Federal Reserve, the world’s most important central bank. The 56-year-old Ivy League economist, former Wall Street banker and presidential adviser ticks all the boxes. Unfortunately for Warsh, as he faces what could be a fraught nomination hearing, his biggest backer is also his biggest liability.In his second term, Donald Trump has attacked the Fed in a manner both unprecedented and unseemly. He has called current chair Jerome Powell – whom he also appointed – a “jerk” and “a stubborn MORON”, and repeatedly threatened to fire him. Continue reading...

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Guardian Business
Iran Ceasefire Deadline Looms, Labor Secretary Resigns, Fed Chair Hearing Today
ÚLTIMA HORA
Mundo·21.04.2026Resumen IA

Iran Ceasefire Deadline Looms, Labor Secretary Resigns, Fed Chair Hearing Today

The final full day of the ceasefire between the U.S., Israel and Iran arrives with uncertain peace talks. Meanwhile, Labor Secretary Lori Chavez-DeRemer resigns amid an internal investigation for alleged misconduct, becoming the third Trump cabinet member to depart. Kevin Warsh faces his Senate confirmation hearing today for Fed chair, with Republicans threatening to block his nomination over a DOJ investigation into the Fed.

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NPR News