PANews reported on April 21 that Federal Reserve Chair nominee Warsh stated during his Senate confirmation hearing that he will make monetary policy decisions independently and will not be influenced by any advice or pressure from Trump. He emphasized that successfully maintaining low inflation acts as a "protective armor," shielding the Fed from criticism. Warsh stated that maintaining this independence "largely depends on the Fed"—that is, successfully achieving its goals and not exceeding the authority granted to it by Congress. Warsh said, "I don't think that even if government officials—the president, senators, or representatives—express their own views on interest rates, the independence of monetary policy implementation is not particularly threatened. Congress has given the Fed the mandate to ensure price stability, without any excuses, ambiguity, debate, or pain. Inflation is an option, and the Fed must take responsibility for it. Low inflation is the Fed's shield."

Federal Reserve Chairman nominee Warsh said: "I agree to divest almost all of my financial assets."