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๐Ÿ“ˆ Business

Senator Rounds praises Fed Chair Warsh's tone in first Capitol Hill testimony

New Federal Reserve Chair Kevin Warsh spent two days testifying before Congress on Capitol Hill, his first appearance in the role before lawmakers. Senator Mike Rounds of the Banking Committee praised Warsh's "tone" during the hearings. The testimony marks an early test of Warsh's relationship with the legislature as he leads the US central bank.

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