WASHINGTON, May 13 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C. - Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the U.S. Senate confirmed Kevin Warsh to be the next Chairman of the Federal Reserve:
"The Senate's confirmation of my friend Kevin Warsh as the new Chairman of the Federal Reserve could not have come at a better time for the millions of working families and small businesses that have had to endure mismanagement at the Fed over the last few years. With Chairman Warsh taking over, our central bank will now be led by someone who appreciates how high interest rates have held back our country's economic potential, making it harder for fa...