MoneyWatch
Warsh vows to tackle inflation in first congressional testimony as Fed chairman
By
Mary Cunningham
Updated on: July 15, 2026 / 3:07 PM EDT / CBS News
Federal Reserve Chairman Kevin Warsh told the House Financial Services Committee that the central bank has "no tolerance for persistently elevated inflation."
MoneyWatch
Warsh vows to tackle inflation in first congressional testimony as Fed chairman
By
Mary Cunningham
Updated on: July 15, 2026 / 3:07 PM EDT / CBS News

New Fed Chair Kevin Warsh declared 'no tolerance' for inflation in his first congressional testimony, sending signals that are…

Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony…

Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation “a thing of the past," yet he provided no…

“If we get policy right — and we will — the inflation surge of the last five years will be a thing of the past,”

Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony…

New Fed Chair Kevin Warsh told Congress that 63 months of above-target inflation demands a 'regime change' in policy, flagging…