Sen. Warren: Vice Chair counterweight to Chairman Powell

#shorts On 3/6/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, “And can I just ask briefly on the Fed Chair search — the Vice Chair, excuse me, search: Is there any update you can give us? And, in particular, Senator Warren is a critic of Chairman Powell and has called on the administration to appointed a Vice Chair that is effectively a counterweight to Chairman Powell in decisions on interest rate hikes. Do you have a view on that? Are you, in essence, trying to counterweight the chairman in this process? And where’s the process at right now?

KJP: I’m certainly not going to get ahead of the President’s process or lay out what — what he’s thinking or how that process is going to move forward. What I can say is: This is a priority for this President. I don’t have anything to preview on any specific candidates or

other clips of this published longer video is here: <a href=“https://youtu.be/AopBGVhq84s\” rel=“nofollow”>https://youtu.be/AopBGVhq84s

Sen. Warren: Vice Chair counterweight to Chairman Powell

Key Points

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#shorts On 3/6/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, “And can I just ask briefly on the Fed Chair search — the Vice Chair, excuse me, search: Is there any update you can give us

• And, in particular, Senator Warren is a critic of Chairman Powell and has called on the administration to appointed a Vice Chair that is effectively a counterweight to Chairman Powell in decisions on interest rate hikes
• Are you, in essence, trying to counterweight the chairman in this process
• And where’s the process at right now