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The Economic Times

Global Business / The Economic Times

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US Fed chair nominee Kevin Warsh says he will not be controlled by Trump

Kevin Warsh, nominated for the Federal Reserve leadership, assured senators he would maintain central bank independence and not be controlled by President Trump. Despite Trump's pressure for lower interest rates, Warsh emphasized his commitment to independent monetary policy and addressing inflation concerns. His confirmation hearing is a crucial step amid ongoing investigations into other Fed officials.

21 Apr 2026 10:34 pm