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French Hill urges swift confirmation of Kevin Warsh, raises DOJ and Fed oversight concerns
Summary
Rep. French Hill said he supports Kevin Warsh's confirmation to the Federal Reserve, called for congressional review of Fed policy and building construction oversight, and urged an "off-ramp" for what he described as a DOJ criminal prosecution of "Jay Powell."
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Congressman French Hill said he supports the nomination of Kevin Warsh to the Federal Reserve and urged the Senate to confirm him quickly, describing Warsh as "a studied, thorough person" with experience relevant to monetary policy.
"I thought he made uh clear his view that the Fed is an independent agency when it comes to monetary policy and that he wants to work with Congress on policies for faster economic growth and better bank supervision," Hill said.
Hill also criticized the cost of Fed construction projects, recounting a comparison offered by the president between a private hotel construction cost and the Fed's building expenses. He said the House Financial Services Committee and Senate counterparts could investigate the construction oversight and report "what went wrong and where and how."
Separately, Hill said he has "called for an off-ramp for this DOJ criminal prosecution of Jay Powell," framing it as a matter to resolve as part of the confirmation and oversight process; the interview provided no additional details on charges or prosecution status.
Hill characterized Warsh as likely to be an independent voice at the Fed and argued his confirmation would support the president's economic agenda. The claims about a DOJ prosecution and construction spending reflect Hill's statements in the interview and were not corroborated during the segment.

