Warren, Bessent Exchange Over Trump Fed Pick, Kevin Warsh

Senate Banking Housing & Urban Affairs Committee
27 followers
Feb 8, 2026
Secretary Besson, I have one more question for you while I have you here.
You were in the search for Donald Trump's Fed Chair nominee.
And Trump promised, quote, anyone that disagrees with me will never be Fed Chairman.
Kevin Warsh got the nod last Friday, and then over the weekend, Donald Trump joked that
he would sue Mr. Warsh if he failed to lower interest rates.
At least, I think it was a joke.
But just in case, this should be an easy one, Mr. Secretary.
Can you commit right here and now that Trump's Fed nominee, Kevin Warsh, will not be sued,
will not be investigated by the Department of Justice if he doesn't cut interest rates
exactly the way that Donald Trump wants?
That is up to the President.
Can you commit that you will-
I'm sorry.
You can't say that he won't be sued if he doesn't drop interest rates, and he won't
be criminally investigated?
That was supposed to be the softball.
The President also made a good joke about you that I won't repeat, Senator Warren.
That was the easy one.
Oh, actually, I will.
He said he had reservations.
You know, if this was a joke, why not just say so?
It was a joke, and he made a joke about you, too, Senator Warren.
Yes, he did.
Got a lot of laughs.
Yeah.
So, I don't know if you want to respond to that.
You know, I do want to respond.
I don't think the American people are laughing.
What I can tell you, too, is Mr. Warren is highly qualified, and why don't you tell the
nation what you told me, that you held up-
