Banking Committee's Sen. Rounds Liked Warsh's 'Tone' in First Testimony as Fed Chairman In a move seen as a welcome change by some, Federal Reserve Chairman Kevin Warsh has won praise from Sen.
Mike Rounds of South Dakota. The banking committee member described Warsh's "good message" and stated they share the same views on reining in inflation.
However, beneath the surface, questions remain about what Warsh's message entails for the country. Is Rounds' endorsement merely a case of political expediency?