House Budget Committee Chairman Jodey Arrington has expressed support for President Trump's nomination of Kevin Warsh as Chair of the Board of Governors of the Federal Reserve System. In a statement released from Washington, D.C., Arrington said:
"Kevin Warsh is the right man for the job.
"Kevin is a longtime friend and former White House colleague—one of the smartest and most talented people I have ever served with.
"Kevin is a conservative economist, financial markets expert, and respected authority on fiscal, monetary, and economic policy.
"Kevin is a strong leader with deep convictions for free people, free markets, and fiscal responsibility. He has questioned the Fed’s recent failures, criticized the Fed’s overreach of the past, and rightfully admonished the Fed’s complicity in the explosion of our national debt.
"He has dedicated his career to serving our great country and advancing the principles that made America the most powerful and prosperous nation in human history."
The House Budget Committee plays an important role in federal fiscal oversight. It provides Congress with independent guidance on budget matters and works to promote fiscal responsibility through long-term programs and oversight of budget deficits (https://budget.house.gov/). The committee also prepares annual budget resolutions and spending guidelines (https://budget.house.gov/), collaborating with agencies such as the Congressional Budget Office for independent analyses (https://budget.house.gov/).
Chairman Jodey Arrington leads this committee, which operates within government fiscal policy in Washington, D.C., as part of the U.S. House of Representatives (https://budget.house.gov/). The committee was established in 1974 under the Congressional Budget and Impoundment Control Act (https://budget.house.gov/).
