Fed Chair nominee Warsh promises Senators independent interest rate decisions; Pres. Trump extends U.S.-Iran ceasefire

Federal Reserve Chair nominee Kevin Warsh tells the Senate Banking Committee at his confirmation hearing that he will be "strictly independent." Committee ranking Democrat Elizabeth Warren (MA) says Warsh would be President Donald Trump's 'sock puppet' in following the president's wishes to cut interest rates; President Trump extends the ceasefire with Iran 'until such time as their leaders and representatives can come up with a unified proposal'; Senate Republicans unveil their plan to fund the Immigration and Customs Enforcement and parts of Customs and Border Protection for the next 3 ½ years to be passed without the need for Democratic votes, or the Democrats' demands for immigration enforcement reforms; Rep. Sheila Cherfilus-McCormic (D-FL) resigns minutes before the House Ethics Committee was to meet to decide her punishment for ethics violations; Defense Secretary Pete Hegseth says U.S. military members will no longer be required to get a flu vaccine; CMS Admin Dr. Mehmet Oz talks about a plan to require states go after Medicaid fraud. Learn more about your ad choices. Visit megaphone.fm/adchoices