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Kevin Warsh, Fed Nominee, Senate Hearing on Fed Independence

Kevin Warsh appeared before the Senate Banking Committee for a confirmation hearing on his nomination by President Trump to serve as Federal Reserve chairman. Warsh stated that monetary policy independence is essential and that the Fed must earn its independence by delivering on its commitments. The nomination currently lacks sufficient votes to advance, with Sen. Thom Tillis (R-N.C.) blocking the nomination pending resolution of unrelated Justice Department matters involving Fed Chair Powell.

Kevin Warsh Fed Chair Hearing Scheduled April 21st

The ABA Banking Journal reports that Kevin Warsh's nomination hearing for Federal Reserve Chair is scheduled for April 21st. The Senate Banking Committee will consider Warsh's nomination to lead the central bank. This hearing represents a significant step in the confirmation process for Fed leadership.

Senate Democrats Seek Delay of Kevin Warsh Nomination

The eleven Democratic members of the Senate Banking Committee called on Chairman Tim Scott (R-N.C.) to delay the nomination hearing for Kevin Warsh to be Federal Reserve chairman until the Trump administration drops investigations into current Chairman Jerome Powell and Governor Lisa Cook. The committee scheduled the Warsh hearing for April 21, 2026. Democrats cited concerns about President Trump's involvement in directing criminal investigations against sitting Fed board members.

Nominations for Federal Reserve Board of Governors Sent to Senate

The White House announced that nominations for Kevin Warsh to be Chairman and a Member of the Board of Governors of the Federal Reserve System have been sent to the Senate. This action is part of the standard appointment process for the Federal Reserve.