Kevin Warsh refutes claim that he will be Trump’s ‘sock puppet’ as Fed Chairman

Federal Reserve Chair nominee Kevin Warsh firmly pushed back against allegations that he would serve as a "sock puppet" for the White House during a high-stakes Senate Banking Committee hearing. Facing sharp questioning from lawmakers, Warsh emphasized his commitment to maintaining the central bank’s strict independence, asserting that he has made no private promises regarding interest rate cuts or monetary policy to secure his nomination. The hearing grew tense as senators grilled Warsh on his previous record and his ability to resist political pressure in one of the world's most powerful economic roles. Warsh maintained that "taking politics out of monetary policy" is his top priority, even as critics pointed to recent executive comments suggesting a shift in rate strategy. As the May 15 deadline to replace the current chair approaches, the debate over Warsh’s nomination has become a flashpoint for the future of the Fed’s autonomy. #KevinWarsh #FederalReserve #SenateHearing #Economy2026 #FedChair #BreakingNews #InterestRates #MonetaryPolicy #WashingtonPolitics #BankingCommittee