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Senate Banking Committee Chairman Tim Scott Holds Hearing with Federal Reserve Chairman Kevin Warsh

the committee · July 15, 2026

A committee member opened a semiannual monetary policy hearing welcoming Federal Reserve Chairman Kevin Warsh, urging the Fed to focus on its statutory mandate, limit "mission creep," and pursue calibrated bank regulation and balance-sheet reforms. The remarks covered housing supply legislation, Basel III calibration, bank capital levels and the Fed's communication strategy.

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