Kevin Warsh's Fed 'Regime-Change' Plan Survives Senate Hearing Scrutiny
Kevin Warsh, nominated by President Trump to be the next chair of the Federal Reserve, faced a challenging Senate confirmation hearing. Despite tough questioning from both Democrats and Republicans, Warsh's plan for a 'regime change' at the Federal Reserve remained largely intact. His proposal includes redefining inflation and altering the Fed's operational approach. Warsh, who has been a critic of the Fed's current policies, aims to lower interest rates and overhaul the institution's practices. During the hearing, Warsh addressed concerns about his relationship with President Trump, asserting that he had not been instructed to follow any specific interest rate path. The hearing highlighted Warsh's controversial stance on the Fed's current policies and his intent to implement significant changes if confirmed. 
