Kevin Warsh, Trump's pick to replace Powell at Fed, faces confirmation hearing
April 21, 2026
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2:29:45Now PlayingKevin Warsh, Trump's pick to replace Powell at Fed, faces confirmation hearing
YouTube Description
as posted by the channelKevin Warsh, President Trump's pick to replace Federal Reserve Chair Jerome Powell, will testify Tuesday morning before the Senate Banking Committee.
Trump announced Warsh, a former Fed board member, as his nominee in January as tensions rose between the president and Powell over interest rates and costly renovations at the nation's central bank.
The Trump administration said it is confident Warsh, who recently disclosed more than $130 million in assets, will be confirmed. Powell's term is expected to end on May 15, though the president has threatened numerous times to oust him.
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