Trump would decide whether to investigate Fed pick Warsh over refusal to cut rates: Bessent

Treasury Secretary Scott Bessent on Thursday refused to rule out the possibility of a criminal investigation of Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, if Warsh ends up refusing to cut interest rates.Sen. Elizabeth Warren, the top Democrat on the Senate Banking, Housing and Urban Affairs Committee, questioned Bessent about a joke Trump made over the weekend about suing Warsh if he does not reduce rates to the president's liking, according to the Wall Street Journal. "I think ...