WASHINGTON, DC - JULY 14: Federal Reserve Chairman Kevin Warsh (R) shakes hands with U.S. Rep. French Hill (R-AR), Chairman of the House Financial Services Committee, before testifying before the House Financial Services Committee on Capitol Hill on July 14, 2026 in Washington, DC. Warsh, President Trump's pick to lead the Federal Reserve, presented the Semi-Annual Monetary Policy Report to the committee. (Photo by Eric Lee/Getty Images)