Senate Set for Tough Grilling of Trump's Fed Nominee Amid Investigation Questions
TL;DR Summary
Senators on the Senate Banking Committee are preparing for a contentious confirmation hearing for President Trump's Federal Reserve nominee, amid concerns raised by some lawmakers about an ongoing criminal investigation and questions about Fed leadership; with Fed Chair Jerome Powell's term ending soon, a potential leadership shift could unsettle markets, even as Powell has said he’ll stay on the board if a new chair is approved.
- Trump’s Federal Reserve nominee is set to face a tough hearing before Senate panel AP News
- Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence CNBC
- Trump-Powell clash hijacks Warsh hearing Politico
- Opinion | A New Era for the Federal Reserve WSJ
- The one line in Warsh’s testimony signaling a break from the Fed’s status quo Fox Business
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