SARATOGA, N.Y. - Congresswoman Elise Stefanik, Chairwoman of House Republican Leadership, released the following statement:

"This is a very smart nomination by President Trump of Kevin Warsh as Fed Chair. 

Kevin is a longtime friend and he is a fellow Upstate NY native. He is exactly the right leader at this time to right the ship at the Fed and get our economy back on track for the hardworking families and small businesses across America."