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Warsh Pledges Independence But Dodges Questions on Rates

Warsh Pledges Independence But Dodges Questions on Rates

Kevin Warsh, nominated to be the next Federal Reserve chair, pledged to act independently but avoided answering questions about interest rate policies. Despite Democratic concerns, Warsh emphasized his independence, amid ongoing pressure from President Donald Trump for lower rates. The confirmation process continues, with Warsh asserting his commitment to the Fed’s autonomy.

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