Kevin Warsh, nominated by President Donald Trump to chair the Federal Reserve, is set to affirm the significance of central bank independence during his confirmation hearing before the US Senate Banking Committee. In his prepared remarks, Warsh argues that interest-rate decisions should be based on rigorous analysis and unbiased judgment, asserting that political pressure does not inherently compromise the Fed's autonomy. He emphasizes that the Fed's primary goal is to control inflation, which he views as crucial for protecting lower-income households from price increases. Warsh also advocates for accountability in areas such as bank regulation and public funds oversight, suggesting that while the Fed should maintain independence in monetary policy, it must also cooperate with lawmakers on other responsibilities. He frames the Fed's independence as something that must be earned through discipline and transparency in its operations.