Sen. Warren criticizes Federal Reserve chair nominee Kevin Warsh: 'You haven't gained any insight from your past mistakes'

Elizabeth Warren Criticizes Fed Chair Nominee Kevin Warsh

Senator Elizabeth Warren issued a strongly worded letter to Kevin Warsh, the nominee for Federal Reserve chair, sharply criticizing his qualifications. She argued that Warsh would merely endorse President Trump's pro-Wall Street policies and accused him of failing to learn from his previous mistakes during his earlier tenure at the Federal Reserve.

Warren, representing Massachusetts, referenced Warsh's service on the Fed’s Board of Governors from 2006 to 2011—a period that encompassed the financial crisis and the Great Recession—stating that his actions during that time should prevent him from being promoted. She further noted that President Trump has pledged his support for Warsh despite these concerns.