Warsh's bid for Fed chair faces turbulent confirmation as Powell's term ends
TL;DR
Trump's pick to lead the Fed, Kevin Warsh, faces a tense Senate Banking Committee confirmation as Powell's term ends; Democrats push for a delay amid a DOJ probe into Powell and a Fed governor, while Republicans including Thom Tillis vow to block Warsh until the probe is resolved, signaling a potentially turbulent transition for the central bank that could unsett le markets.
Topics:businessus-politics#central-bank-independence#confirmation-hearing#federal-reserve#jerome-powell#kevin-warsh#us-politics
- Trump’s Federal Reserve chair pick to face lawmakers at key confirmation hearing – US politics live The Guardian
- 3 things to know about Fed chair nominee Kevin Warsh NPR
- How Trump’s Fed Drama Risks Backfiring — and Keeping Powell in Power Bloomberg
- Warsh faces high-stakes Senate confirmation hearing to lead world’s most powerful central bank Fox News
- The 1 question that will dominate Kevin Warsh’s Fed nomination hearing Politico
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