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Benzinga
Benzinga
Business
Daragh Thomas

Did Congress Waste Warsh Hearings on AI While Inflation Runs Hot? Cato Blasts Focus on 'Trendy Topics'

Federal,Reserve,Chair,Kevin,Warsh,Delivers,Remarks,At,His,Swearing-in

New Federal Reserve Chairman Kevin Warsh faced Congress last week for the first time, but a Cato Institute economist says lawmakers may have squandered their best chance to press him before rates move.

In a commentary published Monday, Cato’s Jai Kedia argued an outsized share of the questioning went to artificial intelligence, calling it “a poor use of scarce oversight time.”

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