HASSETT said he met someone named Wash a few days ago and had a cordial conversation.

Fed Chair Kevin Warsh told the House Financial Services Committee he places equal weight on the Fed’s employment and inf goals, reiterating he has emphasized the latter since taking office. He said the Fed does not favor one part of its mandate over the other and that price stability and full employment are not mutually exclusive; he is committed to achieving both. When asked about targeted measures to narrow Black-white unemployment and opportunity gaps, Warsh said the U.S. must not leave anyone behind and that broad economic opportunity is critical to growth over the next five to 10 years, meaning every American needs the chance to be productive.

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