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Fed Chair Warsh testifies on inflation before Congress
By Stetson Miller at KGNS — Sitewide
· July 14, 2026
· 2 min read
WASHINGTON (Gray DC) -Federal Reserve Chairman Kevin Warsh told House lawmakers on Tuesday that the central bank is going to make high inflation “a thing of the past,” in his first appearance before Congress since taking on the role.“If we get policy right, and I can assure you we will, the infla...
Key takeaway Warsh became the Fed’s new leader on May 22, after replacing former chair Jerome Powell.
Why this matters in Laredo News
For Laredo residents, the Federal Reserve's efforts to combat inflation have a direct impact on their daily lives, from the cost of groceries to the price of housing. As the Fed's new leader, Kevin Warsh, vows to make high inflation "a thing of the past," local businesses and consumers will be watching closely to see how his policies affect the local economy. With Laredo's economy heavily reliant on international trade and commerce, any changes to interest rates or monetary policy could have a ripple effect on the city's economic growth. As Warsh prepares to take the Fed in "a new chapter," Laredoans will be looking for signs that his policies will bring stability and relief from rising costs, and that the city's unique economic challenges will be taken into account. The Fed's independence from political pressure will also be crucial in maintaining trust in the institution and its ability to make decisions that benefit the local community.
About this story
Original reporting by KGNS — Sitewide . Laredo News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KGNS — Sitewide . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 14, 2026 ·
Source: KGNS — Sitewide ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? WASHINGTON (Gray DC) -Federal Reserve Chairman Kevin Warsh told House lawmakers on Tuesday that the central bank is going to make high inflation “a thing of the past,” in his first appearance before Congress since taking on the role.“If we get policy right, and I can assure you we will, the infla...
When was this published? This article was first published on July 14, 2026 by KGNS — Sitewide and curated for Laredo News readers.
Who reported this story? This story was reported by Stetson Miller at KGNS — Sitewide. To learn more about how Laredo News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Laredo News, or browse our daily briefing and topic hubs .
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