Senate Banking panel presses Fed Chair Kevin Warsh on asset sales, ethics and AI task forces
At his first semiannual hearing, Federal Reserve Chair Kevin Warsh defended pre‑office asset sales and described five task forces on communications, the balance sheet, data, productivity and inflation policy as senators pressed him on ethics, AI and bank regulation.
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Federal Reserve Chair Kevin Warsh defended his early actions and outlined a program of reforms on Tuesday as the Senate Banking Committee pressed him on a range of issues from pre‑office asset sales to the economic risks and benefits of artificial intelligence.
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