Fed's Warsh Addresses Concerns on Productivity Task Force

Dow Jones00:38

1238 ET - Fed Chairman Kevin Warsh addresses an array of topics in Senate testimony, including inflation, bank regulation and AI's impact on the labor force. Warsh was pressed repeatedly on the Fed's new productivity task force, specifically on concerns about whether it includes Americans who will be directly affected by the onset of AI adoption. "I would expect before they come to their conclusions, they are going to hear from folks that will be affected," Warsh said. Warsh continued: "If you think they have a credibility deficit, I don't...we will make sure to take both parts of our dual mandate in consideration of their output." (jessica.coacci@wsj.com)

(END) Dow Jones Newswires

July 15, 2026 12:38 ET (16:38 GMT)

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