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Here's what to expect from Fed chair nominee Kevin Warsh's Senate hearing Tuesday
Federal Reserve chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints in setting policy. In a much-anticipated hearing before the Senate Banking Committee, the former Fed governor will face questioning over a variety of subjects, from monetary policy to banking regulation to his own complicated personal finances None likely will be more important than establishing the boundaries between the Fed’s decision-making and politics. “He has a tricky communication question,” said Bill ... (full story)