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Warsh nomination moves ahead, putting Trump’s competing Fed plans on a collision course

2026-04-06 10:27:44       source:CNBC

April 4, 2026


The Senate Banking Committee will hold a nomination hearing on April 16 for Kevin Warsh to be the next chair of the Federal Reserve, a person familiar with the matter told CNBC.


Warsh’s nomination is moving ahead even as a separate criminal probe into the Fed continues, setting up a potential clash between the two parallel processes set in motion by the Trump administration.


Banking Committee member Sen. Thom Tillis, R.-N.C. has said he won’t vote to confirm Warsh until the probe is resolved. Yet President Donald Trump is eager to get Warsh confirmed.


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https://www.cnbc.com/2026/04/04/warsh-fed-nomination-hearing-set-for-mid-april.html