Senate Banking Committee advances Kevin Warsh nomination amid objections over Fed independence
The Senate Banking Committee voted 13–11 to report Kevin Warsh’s nomination to the full Senate as a member of the Federal Reserve Board and as chair after Democrats warned about threats to Fed independence and alleged undisclosed financial interests; Republicans praised his experience.
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The Senate Banking Committee voted 13–11 to report the nomination of Kevin Warsh to the full Senate as a member of the Board of Governors and to serve a four-year term as chair.
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