Fed Chief Nominee Warsh Clears One Hurdle for Senate Hearing, CNBC Reports
Warsh filed financial disclosures, clearing a required step as the Senate Banking Committee weighs a hearing with five business days’ notice.
- Federal Reserve chair nominee Kevin Warsh submitted required paperwork to the Senate on Monday, moving his nomination one step closer to a hearing.
- Previously delayed due to paperwork holdups, the Senate Banking Committee requires financial disclosures and a completed questionnaire before scheduling a hearing.
- Warsh's wife Jane Lauder has a net worth Forbes estimates at $1.9 billion, while committee rules mandate five business days' notice before a hearing.
- Sen. Thom Tillis vowed to withhold approval until the Department of Justice investigation concludes into Fed Chair Jerome Powell's oversight of headquarters renovations.
- Fed Chair Jerome Powell's term expires May 15, and he indicated he will continue filling the role on a "pro tem" basis if Warsh is not confirmed.
24 Articles
24 Articles
Warsh Fed chair hearing could happen next week in Washington
Washington, D.C. — President Donald Trump's nominee to lead the Federal Reserve could get a hearing next week, according to Senate Banking Committee Chairman Tim Scott.
Fed Nominee Warsh Files Financial Disclosure; Confirmation Hearing Set
Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to run the central bank, has submitted financial disclosures that are required for his nomination to advance through the Senate.
Confirmation hearing set for Trump’s Fed chair nominee, top Republican says
Senators next week are set to consider President Donald Trump’s nomination of Kevin Warsh to be the next chair of the Federal Reserve, according to Sen. Tim Scott, who leads the committee that approves nominees to the central bank.
Declaration is necessary for your appointment to advance in the Senate, starting with a scheduled hearing for the week coming
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