Marc Filippino

He appeared for his confirmation hearing yesterday.

And senators grilled the former Fed governor on topics ranging from his independence from Trump to his personal wealth.

Here to discuss how that hearing went is the FT's U.S.

economics editor, Claire Jones.

Hi, Claire.

So what were the top lines from this confirmation hearing?

Now, Claire, as I alluded to earlier, there were some questions about Warsh's personal wealth.

Tell me what happened there.

Right.

And this is probably a good place to mention that Warsh has said he had, quote, come to a full agreement with the Office of Government Ethics on divesting the assets to meet government rules, and that he was likely to invest those proceeds in cash and treasury bonds.

So, Claire, a little earlier, we heard that Warsh thinks this is a consequential moment for the U.S.

economy.

Hard to argue with that.

What is Warsh's approach to the moment that we're in?

Did he say?

Are there more hurdles for him to jump?

That's the FT's US economics editor, Claire Jones.

Thanks, Claire.

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