Elizabeth Warren Slams New Fed Chair Kevin Warsh As Trump's 'Sock Puppet'

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The Senate narrowly confirmed Kevin Warsh arsenic the adjacent Federal Reserve Chair successful a profoundly divided 54-45 vote. The contentious assignment instantly drew fierce disapproval from salient economists and Democrats who fearfulness the determination severely threatens the cardinal bank’s humanities independence.

Progressive Backlash And Identity Crisis

Leading the opposition, Senator Elizabeth Warren (D-Mass.) blasted the incoming Chair’s motives and loyalties.

“Trump wants to power involvement rates, and helium nominated Kevin Warsh to beryllium his sock puppet,” Warren stated. She argued the confirmation represents “another measurement successful Trump’s effort to instrumentality implicit the Fed,” concluding the determination is “not bully for moving families—it’s bully for Wall Street.”

— Elizabeth Warren (@ewarren) May 13, 2026

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Economist Justin Wolfers echoed this profound skepticism regarding the nominee’s independence, questioning which mentation of Warsh volition really pb the cardinal bank.

Wolfers publically asked if the system is getting the “inflation hawk of 2006-2011” oregon the “sock puppet” beholden to the administration’s governmental demands.

— Justin Wolfers (@JustinWolfers) May 13, 2026

GOP Praise Amid ‘Daunting’ Challenges

Conversely, Republicans and the medication celebrated the palmy confirmation. Senator Tim Scott (R-SC) called Warsh “battle-tested, serious, and acceptable to pb the Federal Reserve,” declaring him an “excellent choice.”

— Senator Tim Scott (@SenatorTimScott) May 13, 2026

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Treasury Secretary Scott Bessent stated that Warsh volition “usher successful a caller day” astatine an instauration that desperately needs accountability and dependable argumentation guidance.