Warren Rebukes CNBC Host on Fed Influence Comparison
Senator Elizabeth Warren of Massachusetts sharply rebuked a CNBC host on Wednesday for drawing parallels between her public comments on Federal Reserve policy and President Donald Trump's efforts to influence the central bank through his nominee for chair.
During an appearance on CNBC's Squawk on the Street, Warren criticized Trump's pick, Kevin Warsh, as unfit for the role due to his perceived close alignment with the president's economic views, which she argued undermines the Fed's independence. Host Sarah Eisen countered by noting Warren's history of advocating for nominees who shared her policy perspectives. "You yourself have been very outspoken on this show and otherwise on what the Fed should be doing," Eisen said. "You also advocated for Lael Brainard and Janet Yellen, who you were aligned with on policy views. I mean, this isn't that different ... with the president expressing what he wants in terms of policy and who he wants."
Warren rejected the equivalence, responding incredulously, "I'm sorry, is that real?" She distinguished her actions as offering informed opinions based on data and track records, while accusing Trump of overreach. "You think that's the same as...