Kevin Warsh, President Donald Trump’s nominee to chair the Federal Reserve, will appear before the Senate Banking Committee for a confirmation hearing at 10 a.m. Tuesday. It could be the most contentious such hearing in many decades.
Ahead of the hearing, Trump said he would be disappointed if Warsh, when confirmed, didn’t cut interest rates right away.
“We should have the lowest interest rate in the world,” Trump told CNBC.
After delivering his opening remarks, Warsh will face questions from lawmakers. They’re expected to cover a wide range of issues, including these:
Fed Independence
Trump has made clear ...
