President Donald Trump’s pick to overhaul the Federal Reserve has enjoyed support from the commander in chief’s allies in the Senate, but one lawmaker just might shut down the nominee’s confirmation.
Trump nominated Kevin Warsh to chair the Federal Reserve back in January after publicly feuding with current Chair Jerome Powell for failing to cut interest rates and for his multibillion-dollar renovation of the Fed building. Since then, Warsh took the first step of the confirmation process by going to Capitol Hill to testify before the Senate Banking Committee on Tuesday.
‘Political interference or legal intimidation is non-negotiable.’
Warsh received glowing reviews from the seven Senate Republicans after his hearing, including from GOP Sen. Thom Tillis of North Carolina, who has butted heads with Trump in
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!