US Stock Market: Warsh to face lawmakers in key semiannual policy testimony on July 14

US Federal Reserve Chair Warsh is scheduled to testify before the House Financial Services Committee on July 14 at 10 a.m. ET, with an expected appearance before the Senate Banking Committee on July 15. The hearings carry added significance given the unusual backdrop of a DOJ criminal investigation into former Chair Powell's 2025 testimony, which was put on hold after a federal judge ruled it amounted to inappropriate pressure. Investors will look for cues on US inflation, economic growth, and the future path of monetary policy, all of which shape global risk appetite and FII flows into emerging markets like India.