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Sen. Warren rips Federal Reserve chair pick Kevin Warsh: 'You have learned nothing from your failures'

From cnbc.com

Sen. Elizabeth Warren sent a blistering letter to Federal Reserve chair nominee Kevin Warsh on Thursday, predicting he would serve as a “rubber stamp for President Trump’s Wall Street First Agenda,” and accusing him of having learned “nothing from your failures” during a prior stint at the central bank. Warren, D-Mass, in the letter reported first by CNBC, told Warsh that his record as a member of the Fed’s Board of Governors from 2006 until 2011 — which included the 2008-09 financial crisis and Great Recession — “should disqualify you from a promotion.” “But President Donald Trump has vowed that ‘anybody that ... (full story)

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  • Category: Fundamental Analysis