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0 -0.000326392062144937 -0.00639728441804289 -0.0110320517005026 -0.00567922188132388 -0.0111626085253605 -0.00959592662706442 -0.00959592662706442
Stock impact report

Warsh says Fed independence 'has to be earned' at confirmation hearing [USA TODAY]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: USA TODAY
Full Summary Kevin Warsh, President Trump's nominee for Federal Reserve chair, testified before the Senate Banking Committee on April 21, 2026, stressing that Fed independence must be earned, that the central bank should stay out of fiscal and social policy, and addressing questions about his relationship with Trump, the DOJ probe of Jerome Powell, and the Fed's balance sheet and inflation strategy. Kevin Warsh, President Donald Trump 's nominee for chair of the Federal Reserve , faced questions Tuesday, April 21 from the Senate Banking Committee, even as the shadow of the president himself dominated the hearings. In a morning hearing, Warsh, a finance executive who previously served as a member of the Fed board, took questions from Republicans who support his nomination. He also faced grilling from Democrats, led by Massachusetts Sen. Elizabeth Warren, on how independent he would be in the face of pressure from Trump, whose administration opened an investigation into current Fed Show less Read more
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