00:00You ran the search for Donald Trump's Fed chair nominee, and Trump promised, quote,
00:05anyone that disagrees with me will never be Fed chairman. Kevin Warsh got the nod last Friday,
00:12and then over the weekend, Donald Trump joked that he would sue Mr. Warsh if he failed to lower
00:19interest rates. At least, I think it was a joke. But just in case, this should be an easy one,
00:26Mr. Secretary, can you commit right here and now that Trump's Fed nominee, Kevin Warsh,
00:32will not be sued, will not be investigated by the Department of Justice if he doesn't cut
00:39interest rates exactly the way that Donald Trump wants? That is up to the president. Can you commit
00:48that you will not hold up? I'm sorry, you can't say that he won't be sued if he doesn't drop interest
00:54rates? And you won't be criminally investigated? The president also made a joke about you that
01:00I won't repeat, Senator Warren. That was the easy one. Oh, actually I will. He said he had
01:04reservations. You know, if this was a joke, why not just say so? You can't commit? It was a joke,
01:10and he made a joke about you too, Senator Warren. Yes, he did. Got a lot of laughs. Got a lot of laughs.
01:14Yeah. So I don't know if you want to respond to that. I do want to respond. I don't think the
01:19American people are laughing. They're the ones who are struggling with affordability. Why don't you
01:25tell the nation what you told me, that you held up Chair Powell's renomination. We're going.
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