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Warren Slams Trump's Fed Nominees, Urges Independence

12/11/2025

24 3 Full Breakdown

Summary

Story summary

Senator Elizabeth Warren criticized U.S. President Donald Trump's Federal Reserve chair nominees, calling National Economic Council Director Kevin Hassett a 'sock puppet' who would bow to Trump.
She attributed the delay in earlier rate cuts to the 'chaos' from Trump's tariffs and cited the FOMC's rate cut.
Warren urged Republicans to uphold Fed independence as Jerome Powell's term ends in May and Senate confirmation is required.

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Story summary

Senator Elizabeth Warren criticized U.S. President Donald Trump's Federal Reserve chair nominees, calling National Economic Council Director Kevin Hassett a 'sock puppet' who would bow to Trump.
She attributed the delay in earlier rate cuts to the 'chaos' from Trump's tariffs and cited the FOMC's rate cut.
Warren urged Republicans to uphold Fed independence as Jerome Powell's term ends in May and Senate confirmation is required.