Senate should proceed with Warsh hearings for Fed chair despite Powell probe: Bessent

Senate should proceed with Warsh hearings for Fed chair despite Powell probe: Bessent

Scott Bessent, US treasury secretary, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, Feb. 5, 2026.

Kent Nishimura | Bloomberg | Getty Images

The Senate should move to advance Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chairman, even as a federal criminal investigation into current chair Jerome Powell continues, Treasury Secretary Scott Bessent said Friday.

This is breaking news. Please refresh for updates.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *