Fed Reserve Chair Pick Refuses To Say Trump Lost 2020 Election
Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, refused to say whether Trump lost the 2020 election, as he clashed with Sen. Elizabeth Warren (D-Mass.) at his Senate confirmation hearing.
Warsh called the Fed’s independence “essential” while addressing fears he will bow to pressure from Trump, especially over cutting interest rates.
Warren wanted to put his “courage” to the test after she claimed in her opening remarks that Warsh would be Trump’s “chosen sock puppet.” Asked if Trump lost the election in 2020, which the president still falsely says he won, Warsh replied: “We try to keep politics, if I’m confirmed, out of the Federal Reserve.”
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Warren intervened to say she was asking “a factual question.”
“I need to know, I need to measure your independence and your courage,” the senator said.
“Senator, I believe that [the Senate] certified that election many years ago,” Warsh replied. He did not explicitly say that Trump lost to former President Joe Biden.