WASHINGTON, DC - JULY 14: Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee on Capitol Hill on July 14, 2026 in Washington, DC. Warsh, President Trump's pick to lead the Federal Reserve, presented the Semi-Annual Monetary Policy Report to the committee. (Photo by Eric Lee/Getty Images)

(From L-R) US Supreme Court Justice Elena Kagan and US Supreme Court Justice Amy Coney Barrett testify during a House Appropriations Subcommittee on Financial Services hearing on Capitol Hill in Washington, DC, on July 14, 2026. Two US Supreme Court justices made a rare appearance before Congress on Tuesday, seeking funding to protect judges and their families after a divisive term that deepened tensions between the court and President Donald Trump. (Photo by Kent NISHIMURA / AFP via Getty Images)

President Donald Trump speaks in the Oval Office of the White House, Monday, July 13, 2026, in Washington, as he signs executive orders. (AP Photo/Julia Demaree Nikhinson)

US President Donald Trump greets Prime Minister of Iraq Ali al-Zaidi (L) outside the West wing of the White House in Washington, DC, on July 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

US President Donald Trump shakes hands with Prime Minister of Iraq Ali al-Zaidi (R) outside the West wing of the White House in Washington, DC, on July 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

US President Donald Trump shakes hands with Prime Minister of Iraq Ali al-Zaidi (R) outside the West wing of the White House in Washington, DC, on July 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

WASHINGTON, DC - JULY 14: Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee on Capitol Hill on July 14, 2026 in Washington, DC. Warsh, President Trump's pick to lead the Federal Reserve, presented the Semi-Annual Monetary Policy Report to the committee. (Photo by Eric Lee/Getty Images)

WASHINGTON, DC - JULY 14: Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee on Capitol Hill on July 14, 2026 in Washington, DC. Warsh, President Trump's pick to lead the Federal Reserve, presented the Semi-Annual Monetary Policy Report to the committee. (Photo by Eric Lee/Getty Images)