Elizabeth Warren says Fed Chair Powell is 'dangerous,' will oppose his renomination

Sen. Elizabeth Warren (D-Mass) said Tuesday she would oppose the renomination of Federal Reserve Chair Jerome Powell, calling him a "dangerous man" whose record gives her "grave concern," Bloomberg reports.

"Your record gives me grave concern," Warren said during a Tuesday Senate hearing. "You have acted to make our banking system less safe, and that makes you a dangerous man to head up the Fed and that is why I will oppose your renomination."

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.