FILE PHOTO: New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. REUTERS/Eric Lee/File Photo
FILE PHOTO: New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. REUTERS/Eric Lee/File Photo
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Business & Economy

Fed Chair Warsh to testify before lawmakers on July 14

June 22 (Reuters) – Federal Reserve Chairman Kevin Warsh will deliver his first testimony on monetary policy before Congress on July 14, at 10 a.m. ET (1400 GMT), according to a hearing notice published by the House Financial Services Committee on Monday. 

The U.S. central bank chief is required by law to testify before Congress twice a year, in February and in July, and would typically be expected to appear at the Senate Banking Committee on July 15. A staffer for the Senate committee did not immediately respond to a request for confirmation of that date. 

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Financial Services Committee Chair French Hill never did schedule Warsh’s predecessor, Jerome Powell, for this year’s February session. The Department of Justice had late last year opened a criminal investigation into statements Powell made to the Senate Banking Committee in his July 2025 testimony. 

A federal judge ruled the DOJ probe was an inappropriate effort to pressure him to lower rates or resign, and it has since been suspended. 

(Reporting by Ann Saphir; Editing by Nia Williams and Stephen Coates)

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By Reuters | Reuters | © Copyright Thomson Reuters 2026.

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