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Press Release: Senator Raphael Warnock Advocates for Federal Reserve Independence During Banking Committee Hearing

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Senator Warnock defends 401K protections by advocating for Federal Reserve independence during a Banking Committee hearing.

Quiver AI Summary

During a recent Senate Banking Committee hearing, Senator Reverend Raphael Warnock criticized President Trump for allegedly trying to fill the Federal Reserve with "yes men" by seeking to fire Federal Reserve Board Governor Lisa Cook. Warnock underscored the importance of the Federal Reserve's independence, warning that its erosion could jeopardize millions of retirement accounts and the U.S. economy.

Warnock expressed concern over the qualifications of the nominees for the Federal Reserve Board, particularly Dr. Stephen Miran, suggesting that he could act as a proxy for the President. "I find that deeply alarming," Warnock stated, emphasizing that a strong central bank is vital to maintaining trust and stability in the economy.

In his remarks, Warnock praised Cook as a highly qualified economist and highlighted the President’s unprecedented attempts to remove her. He argued that such actions threaten the Fed's credibility and could harm economic outcomes for American families.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Raphael G. Warnock Net Worth

Quiver Quantitative estimates that Raphael G. Warnock is worth $1.4M, as of September 8th, 2025. This is the 291st highest net worth in Congress, per our live estimates.

Warnock has approximately $34.9K invested in publicly traded assets which Quiver is able to track live.

You can track Raphael G. Warnock's net worth on Quiver Quantitative's politician page for Warnock.

Raphael G. Warnock Bill Proposals

Here are some bills which have recently been proposed by Raphael G. Warnock:

  • S.2628: Catastrophic Specialty Hospital Act of 2025
  • S.2454: Fair Debt Collection Practices for Servicemembers Act
  • S.2322: Appraisal Modernization Act
  • S.2131: Dads Matter Act of 2025
  • S.2050: ASSIST Act
  • S.1939: BARK Act of 2025

You can track bills proposed by Raphael G. Warnock on Quiver Quantitative's politician page for Warnock.

Raphael G. Warnock Fundraising

Raphael G. Warnock recently disclosed $238.9K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 364th most from all Q2 reports we have seen this year. 97.9% came from individual donors.

Warnock disclosed $540.4K of spending. This was the 78th most from all Q2 reports we have seen from politicians so far this year.

Warnock disclosed $4.2M of cash on hand at the end of the filing period. This was the 55th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Raphael G. Warnock's fundraising on Quiver Quantitative.

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