Kevin Warsh, U.S. President Donald Trump’s nominee to lead the Federal Reserve, called for a “regime change” at the central bank during a tense Senate confirmation hearing, as reported by multiple outlets.
He criticised the Fed’s handling of post-pandemic inflation and argued for a new policy framework and tighter communication discipline.
Kevin Warsh calls for 'regime change' at the Fed, says he won't be Trump 'sock puppet' if confirmed as Fed chair
— WION (@WIONews) April 21, 2026
Trump's Fed pick charts out a new framework for inflation@eriknjoka gets you this report pic.twitter.com/nRQftphWpt
Warsh said excessive commentary from Fed officials has confused markets and weakened policy clarity. He blamed past “policy errors” for persistent inflation affecting American households and proposed using new data tools, including those linked to artificial intelligence, to better track price trends.
The hearing grew contentious, with Republican Senator Thom Tillis opposing Warsh’s nomination unless a Justice Department probe into current Fed Chair Jerome Powell is dropped. According to the report, this could delay the confirmation process.
Warsh defended monetary policy independence but downplayed concerns over political pressure, even as Trump publicly pushed for lower interest rates.
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TIPP Staff
TIPP Staff
