Under questioning from Sen. Elizabeth Warren, Treasury Secretary Scott Bessent refused to rule out the possibility of a DOJ investigation into Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, if Warsh ends up refusing to cut interest rates. Read more: cnb.cx/3NQYOAP | CNBC
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Under questioning from Sen. Elizabeth Warren, Treasury Secret…
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Treasury Secretary Scott Bessent sparred with Democratic Sen. Elizabeth Warren on Thursday during a Senate hearing that at times grew contentious. Bessent would not say if President Trump’s Fed chair nominee, Kevin Warsh, would not be sued or investigated if interest rates are not cut — only saying the decision would be up to the president. https://abcnews.visitlink.me/0az6_f | ABC News
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Sen. Elizabeth Warren (D-MA) clashed with Treasury Secretary Scott Bessent on Thursday over affordability, pressing him on whether he agreed with President Trump characterizing the issue as a “hoax,” “scam” and “con job.” “Senator, it may be a bit nuanced for you,” Secretary Bessent replied at a Senate Banking Committee hearing, “but what President Trump is referring to is the media saying that the affordability crisis was generated by this administration when it was you and President Biden who
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