Capitol Account

Capitol Account

Warsh Charms Lawmakers, Pledges to 'Keep Politics Out of the Fed'

Also, fintechs and retailers press Vought on open banking; SEC chief accountant says independence rules need updating; Finra names investor education head; ex-CFPB officials launch law firm

Jul 14, 2026
∙ Paid

Kevin Warsh’s first congressional testimony as Fed chairman turned out to be a friendly and low-key affair, with lawmakers on both sides of the House Financial Services Committee largely steering away from political attacks. Credit the central banker’s trademark charm, which he ably deployed against potential Democratic antagonists. “I like the way you …

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 Capitol Account · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture