#CNBC Sen. Warren: Kevin Warsh is ‘uniquely ill-suited for the job as Fed chair’

Sen. Warren: Kevin Warsh is ‘uniquely ill-suited for the job as Fed chair’
Senator Elizabeth Warren blasts Fed chair pick Kevin Warsh in her opening remarks as the confirmation hearing kicks off.

Warsh, she said, “is uniquely ill-suited for the job as Fed chair.” She called him “an enthusiastic cheerleader for credit default swaps and complex securitizations” prior to the 2008 financial crisis.

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