GOP Pressure Mounts for Warsh as Powell Probe Stalls Fed Chair Bid

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Source: Politico
TL;DR Summary

Republicans are pushing to confirm Kevin Warsh as the next Fed chair as Jerome Powell’s term ends, while urging the Trump administration to end its DOJ probe into Powell; Sen. Thom Tillis remains a key blocker and is seeking an off-ramp, with Senate leaders signaling the probe must wrap up to move Warsh forward. Trump has threatened to fire Powell if he stays, and a Warsh confirmation hearing is on the calendar as GOP lawmakers press for leadership changes at the Fed.

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