Kevin Warsh, President Trump's nominee to replace outgoing Federal Reserve Chair Jerome Powell, faced tense questioning from senators at his confirmation hearing on Tuesday. Here are some of the most notable exchanges.
#news #politics #federalreserve
0:00 Sen. Tim Scott (R-SC) opening statement
6:59 Sen. Elizabeth Warren (D-MA) opening statement
12:56 Sen. Dave McCormick (R-PA) introduces Warsh
18:42 Warsh opening statement
25:57 Warsh criticizes Fed for "fatal policy error" in dealing with inflation
30:56 news headlines Warren grills Warsh about his financial assets, independence from Trump
36:34 Sen. Jack Reed (D-RI) asks Warsh whether he would cave to Trump's demands to lower interest rates
42:19 Sen. Thom Tillis (R-NC) blasts DOJ's "bogus investigation" into Fed Chair Powell
48:03 Sen. Chris Van Hollen (D-MD) questions Warsh on his shifting stance on interest rates
53:59 Sen. John Kennedy (R-LA) asks Warsh if he's going to be Trump's "human sock puppet"
59:31 Warsh tells Sen. Tina Smith (D-MN) "broad contours" of U.S. economy "are improving"
1:04:54 Sen. Ruben Gallego (D-AZ) presses Warsh about whether Trump asked him to cut interest rates
1:09:33 Warsh sidesteps question from Sen. student loan Angela Alsobrooks (D-MD) about Trump's attempt to fire Lisa Cook
1:14:48 CBS unifil News congressional reporter Taurean Small's takeaways
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
Subscribe to the CBS News YouTube channel:
Watch CBS News 24/7:
Download the CBS News app:
Follow CBS News on Instagram:
Like CBS News on Facebook:
Follow CBS News on X:
Subscribe to our newsletters:
Try Paramount+ free:
For video licensing inquiries, contact: [email protected]
