Warsh Faces Senate Hearing for Fed Chair Nomination
Kevin Warsh testifies today for the Fed chair role. His nomination faces hurdles as some senators link his confirmation to a probe into Jerome Powell.
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Former Federal Reserve Governor Kevin Warsh is set to testify before the Senate Banking Committee on Tuesday, a significant step toward his potential confirmation as the next leader of the United States central bank. While his appointment is widely anticipated, the process is currently shadowed by a political dispute involving a Department of Justice investigation into the sitting chair, Jerome Powell.
