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PBSApr 21, 2026National News

Fed nominee Warsh questioned on independence from Trump and personal wealth

Senator Thom Tillis stated he would block Warsh's confirmation until a Department of Justice investigation into Jerome Powell is dropped.

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Tillis Blocks Warsh Fed Nomination Over Powell Investigation
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Fed nominee Warsh questioned on independence from Trump and personal wealth
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tl;dr

Federal Reserve Chair nominee Kevin Warsh faced a contentious Senate confirmation hearing focused on his independence from President Trump and his personal wealth, while a DOJ probe into incumbent Chair Jerome Powell threatens to stall the transition.

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Thom TillisR-North Carolina
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