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

Resources / Press Share on RELEASE: Gottheimer Questions New Federal Reserve Chair Warsh On AI, Youth Gambling, Deposit Insurance, and Housing Affordability Jul 14, 2026 Press 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. ### Share on