Federal Reserve Chair Kevin Warsh is scheduled to give his first congressional testimony on monetary policy before the House Financial Services Committee next month. The appearance comes weeks after he held interest rates steady at his debut policy meeting.
A High-Stakes DebutWarsh is set to appear before the House Financial Services Committee at 10 a.m. Eastern on July 14 to present the central bank’s semi-annual Monetary Policy Report and answer questions from lawmakers. The Senate Banking Committee is expected to hold its own session with the chair the following day.
The next few weeks will likely witness investors parsing Warsh’s prepared remarks and his answers for any hint on the September meeting, where the case for a hike is building fast.
