Bessent Says Fed Nominee Warsh Meetings Progressing Well

Bessent says Fed nominee Kevin Warsh meetings with lawmakers are going well. The confirmation vote remains stalled due to a probe into Chair Jerome Powell.

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United States Treasury Secretary Scott Bessent announced on Thursday that meetings between Kevin Warsh, the nominee for Federal Reserve chair, and members of the Senate are proceeding very well. Despite the positive momentum in these discussions, the confirmation process remains stalled due to a political standoff involving an investigation into the central bank's current leadership.

Kevin Warsh, a lecturer at the Stanford Graduate School of Business and Hoover Institution Fellow, addresses attendees at the Sohn Investment Conference in New York. REUTERS/Brendan Mcdermid/File Photo
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