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September 4, 2025investigationmonetary policyexecutive authoritycongressional oversightseparation of powersmonetary policyexecutive power

Warren Grills Fed Nominee Who Refuses to Quit White House Advisor Job

Senator Elizabeth Warren questioned Trump's Federal Reserve Board nominee during a Senate Banking Committee hearing, pressing him on whether he would resign his simultaneous White House economic advisor position if confirmed to the Fed. The nominee refused to commit to resigning from the White House role, which Warren argued created an irreconcilable conflict between Fed independence and serving as a presidential advisor. The exchange highlighted the erosion of the traditional firewall between the executive branch and the central bank.