Fed Chair Warsh Testifies Before Senate, Declines to Discuss Colleague's Blackout Period Dinner

Federal Reserve Chair Kevin Warsh testified before the Senate, reiterating the Fed's commitment to price stability. During his testimony, Warsh declined to answer questions regarding inflation, the economic impact of AI, or any contact with former President Trump. He also sidestepped questions about Vice Chair Michelle Bowman's private dinner during the Fed's "quiet period," stating he would not prejudge a potential internal investigation.