Sen. Elizabeth Warren (L), and Treasury Secretary Scott Bessent during a Senate Banking Committee hearing on Feb. 5th, 2026. Getty Images | Reuters Treasury Secretary Scott Bessent on Thursday refused to rule out the possibility of a criminal investigation of Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, if Warsh ends up refusing to … Read more
Sen. Thom Tillis on Wednesday recommitted to his blockade of Kevin Warsh’s nomination to lead the Federal Reserve until the Department of Justice ends its investigation into Fed Chair Jerome Powell. Tillis, R-N.C., said in an interview on CNBC’s “Squawk Box” that he’s “willing to let it play out for the remainder of this Congress, … Read more
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led … Read more