US Senator John Kennedy, Republican from Louisiana, looks on as Federal Reserve Chair Kevin Warsh testifies during a Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, DC, on July 15, 2026. (Photo by Ken Cedeno / AFP via Getty Images)

US Federal Reserve Chair Kevin Warsh testifies during a Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, DC, on July 15, 2026. (Photo by Ken Cedeno / AFP via Getty Images)

US Federal Reserve Chair Kevin Warsh testifies during a Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, DC, on July 15, 2026. (Photo by Ken Cedeno / AFP via Getty Images)

US Federal Reserve Chair Kevin Warsh testifies during a Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, DC, on July 15, 2026. (Photo by Ken Cedeno / AFP via Getty Images)

US Federal Reserve Chair Kevin Warsh testifies during a Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, DC, on July 15, 2026. (Photo by Ken Cedeno / AFP via Getty Images)

US Federal Reserve Chair Kevin Warsh testifies during a Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, DC, on July 15, 2026. (Photo by Ken Cedeno / AFP via Getty Images)

(FILES) This photograph shows the French Nationale 2 football match between Girondins de Bordeaux and Voltigeurs de Chateaubriant at the Matmut Atlantique Stadium in Bordeaux, south-western France, on September 21, 2024. Girondins de Bordeaux, a stalwart of French football that has been playing in the fourth tier for the past three seasons, has been excluded from national competitions and relegated to the sixth tier at best, the Direction Nationale du Controle de Gestion (DNCG) French football's financial watchdog confirmed on July 15, 2026 following an appeal. (Photo by ROMAIN PERROCHEAU / AFP via Getty Images)

(FILES) Spectators watch the French Nationale 2 football match between Girondins de Bordeaux and Voltigeurs de Chateaubriant at the Matmut Atlantique Stadium in Bordeaux, south-western France, on September 21, 2024. Girondins de Bordeaux, a stalwart of French football that has been playing in the fourth tier for the past three seasons, has been excluded from national competitions and relegated to the sixth tier at best, the Direction Nationale du Controle de Gestion (DNCG) French football's financial watchdog confirmed on July 15, 2026 following an appeal. (Photo by ROMAIN PERROCHEAU / AFP via Getty Images)