Sen. McCormick Praises Fed Chair Nominee Warsh: He Understands How the Decisions Made in Wash. Affect the Lives of Hardworking Americans

EXCERPT:

MCCORMICK: “President George W. Bush famously appointed Kevin to the Federal Reserve in 2006 when Kevin was just 35. He was the youngest appointed board member in history, but President Bush saw in Kevin what I believe you will see in him with your questions today, wisdom that belied his age now deepened by experience, a moral clarity, a moral clarity even in the most turbulent of times, a sharp and independent intellect further strengthened by decades immersed in unforgiving global financial markets, and a deep, deep, honest understanding of how the decisions made in the marble hallways of Washington affect the lives of hardworking Americans.”