WASHINGTON ¨C Kevin Warsh, U.S. President Donald Trump¡¯s choice to lead the Federal Reserve, will vow to protect central bank independence on interest rates at a crucial confirmation hearing Tuesday, according to remarks seen by reporters.
¡°I am committed to ensuring that the conduct of monetary policy remains strictly independent,¡± Warsh is to say in an opening statement to the Senate Banking Committee.
He is also expected to express commitment to fighting inflation.
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