RELEASE: Gottheimer Questions New Federal Reserve Chair Warsh On AI, Youth Gambling, Deposit Insurance, and Housing Affordability

WASHINGTON, D.C. — Today, July 15, 2026, at the House Financial Services Committee hearing, Rep. Josh Gottheimer (NJ-5) questioned newly appointed Federal Reserve Chair Kevin Warsh on a range of pressing issues. It was the Chairman’s first appearance before the committee.

• Will young Americans still be able to afford a mortgage now and in the future?
• The impact of AI on jobs, wages, and the Federal Reserve’s dual mandate.
• The rise of underage gambling on sports betting and prediction market apps, citing data that 36% of children ages 11-17 have gambled in the past year.
• Whether federal deposit insurance levels should be increased across all banks.

Watch Rep. Gottheimer’s full exchange with Chair Warsh here:

Gottheimer serves on the House Committee on Financial Services’ Subcommittee on Capital Markets and the Subcommittee on National Security, Illicit Finance, and International Financial Institutions.

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