Democrats Press Fed Nominee Warsh on Asset Sales Plan
Senate Democrats seek details on Fed nominee Kevin Warsh asset sales. They raised concerns over his ties to Stanley Druckenmiller and potential conflicts.
Xurve View
Xurve View
Democratic members of a Senate panel are raising significant concerns regarding the financial divestiture plans of Federal Reserve chair nominee Kevin Warsh ahead of his scheduled confirmation hearing. In a report released on Monday, minority members of the Senate Committee on Banking, Housing, and Urban Affairs expressed apprehension over Warsh’s pledge to unload millions of dollars in assets to comply with ethics regulations in the United States.
