Fed Chair nominee Kevin Warsh says high gas prices are hurting Americans.

Last week President Trump said that gas prices are {quote} not very high and {quote} we're having some fake inflation because of the fuel. So, understanding what you've been saying about data and measurement and all of that, let me just ask you, do you think that gas prices going up 20% is fake inflation. Uh Se- Senator, the gas prices, like beef prices, eggs, milk, and the rest, they move and when they move in the wrong direction, American people are hurting by it.There's no question about it. ...