'This is not normal': Former Fed economist sounds alarm on Kevin Warsh after one-sided confirmation | Fortune
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'This is not normal': Former Fed economist sounds alarm on Kevin Warsh after one-sided confirmation | Fortune
"His jokey replies to Warren and Warnock at the hearing were a disrespect I have never seen a Fed Chair show in testimony."
The Senate Banking Committee voted 13-11 along party lines to advance Kevin Warsh's nomination as the next chair of the Federal Reserve. This marks the first fully partisan committee vote on a Fed chair. Concerns about Warsh's appointment arise from President Trump's previous actions against central bank neutrality. Claudia Sahm noted that Warsh's confirmation hearing deviated from traditional Fed decorum, particularly in his exchanges with Senators Warren and Warnock, which included jokes that were seen as disrespectful.
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