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Senate Banking Committee

U.S. President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. REUTERS/Kent Nishimura/File Photo
Apr 24, 2026

Justice Dept drops investigation into Fed Chair Powell, removing obstacle to Warsh

The justice department has closed its investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to Kevin Warsh's confirmation as Fed chair.

Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan Mcdermid/File Photo
Apr 21, 2026

Fed chief nominee Warsh commits to central bank’s independence, with limits

Kevin Warsh, nominee to lead the Federal Reserve, pledges to maintain monetary policy independence while working with Congress on other Fed functions.

U.S. President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve, speaks at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/File Photo
Apr 16, 2026

Fed leadership transition on shaky ground as clock ticks on Powell’s term

The Federal Reserve faces a leadership transition challenge as Kevin Warsh's confirmation is delayed amid political opposition and ongoing investigations.

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., December 10, 2025. REUTERS/Kevin Lamarque/File Photo
Apr 15, 2026

Trump threatens to fire Powell if he doesn’t quit Fed board; ongoing probe clouds Warsh confirmation

President Donald Trump threatens to fire Federal Reserve Chair Jerome Powell from the Fed board amid a criminal probe complicating Kevin Warsh's confirmation.

Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan Mcdermid/File Photo
Apr 14, 2026

Fed nominee Warsh files financial disclosures suggesting assets worth over $100M

Kevin Warsh, nominated to lead the Federal Reserve, filed financial disclosures indicating assets exceeding $100 million amid Senate confirmation process.

U.S. President Donald Trump, U.S. Senator Tim Scott (R-SC) and Federal Reserve Chair Jerome Powell react during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. REUTERS/Kent Nishimura/File Photo
Feb 4, 2026

US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal

Sen. Tim Scott said Fed Chair Jerome Powell did not break the law, pushing back on a DOJ probe tied to Fed testimony.

U.S. President Donald Trump speaks in the Oval Office, at the White House in Washington, D.C., U.S., January 30, 2026. REUTERS/Kevin Lamarque
Jan 30, 2026

Trump calls rate questions on Fed nominee Warsh inappropriate, confident on cuts

Trump said it would be inappropriate to press Fed chair nominee Kevin Warsh on rate cuts but said he favors lower borrowing costs.

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