GOP Pushes Warsh Toward Fed Chair Confirmation as Powell Probe Winds Down

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Source: Common Dreams
GOP Pushes Warsh Toward Fed Chair Confirmation as Powell Probe Winds Down
Photo: Common Dreams
TL;DR Summary

Republicans on the Senate Banking Committee moved to advance Kevin Warsh’s nomination to head the Federal Reserve the same night the DOJ announced it had dropped its criminal probe into Jerome Powell, drawing Elizabeth Warren’s sharp criticism that the maneuver is meant to fool the public and prompting questions about Warsh’s independence and financial disclosures as a potential hold by Sen. Thom Tillis could complicate full Senate confirmation before Powell’s term ends.

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