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Bessent says up to Trump whether Warsh might be sued for monetary policy choices

By Thomson Reuters Feb 5, 2026 | 9:51 AM

By Michael S. Derby

Feb 5 (Reuters) – U.S. Treasury Secretary ‍Scott Bessent declined on Thursday to commit the Trump administration to not suing ‌Kevin Warsh, ‌its nominee to be Federal Reserve Chair, if he follows a monetary ​path opposed by the president.

Senator ‍Elizabeth Warren ​asked Bessent in ​a Senate hearing ‍whether Bessent would promise “Warsh will not be sued, will not be investigated ‍by the Department of Justice, if he doesn’t ‍cut ‍interest rates exactly ​the way ​that ⁠Donald Trump wants.” ‌Bessent responded “that is up to the president.”

(Reporting by Michael S. Derby; Editing by Chizu ⁠Nomiyama )