Sen. Tillis clears path for Kevin Warsh as Federal Reserve chief
Updated
Updated · The Washington Post · Apr 26
Sen. Tillis clears path for Kevin Warsh as Federal Reserve chief
15 articles · Updated · The Washington Post · Apr 26
Sen. Thom Tillis announced he will no longer block Kevin Warsh’s nomination after the Justice Department ended its criminal probe into Fed Chair Jerome H. Powell.
This decision allows Senate Republicans to move forward with President Donald Trump’s choice of Warsh to lead the central bank, ending a key procedural hurdle.
The investigation into Powell had previously stalled Warsh’s confirmation process, highlighting political tensions over Federal Reserve leadership and the administration’s influence on monetary policy.
How will Kevin Warsh balance his hawkish past with recent calls for lower interest rates if he leads the Fed?
What influence could Jerome Powell wield by remaining a Fed governor after his term as chair ends?
What does Warsh's 'new inflation framework' mean for the future of the US dollar and global financial markets?
Warsh wants to shrink the Fed's $6.7 trillion balance sheet. What would this mean for the everyday economy?
Can the Federal Reserve's independence recover after an unprecedented criminal probe into its sitting chair?
How might Warsh's focus on AI productivity reshape the Fed's approach to economic growth and inflation?