Senate Set To Advance Warsh As Federal Reserve Chair Nominee
3 days ago
The stage has been set for Senate confirmation of President Trump’s nominee to lead the Federal Reserve.
The move comes after a key Republican senator signaled support following the end of a federal probe into current Fed Chair Jerome Powell.
The Justice Department recently dropped its investigation, clearing a major hurdle for the nomination process.
The Senate Banking Committee is now expected to move forward with hearings and a vote in the coming days.
The nomination of Kevin Warsh could reshape the future direction of U.S. monetary policy.
The move comes after a key Republican senator signaled support following the end of a federal probe into current Fed Chair Jerome Powell.
The Justice Department recently dropped its investigation, clearing a major hurdle for the nomination process.
The Senate Banking Committee is now expected to move forward with hearings and a vote in the coming days.
The nomination of Kevin Warsh could reshape the future direction of U.S. monetary policy.
