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Fed Chair Confirmation

Steady3 stories3 sourcesLast updated: 4/24/2026
Related Topicskevin warshfederal reservejerome powellsenate banking committeeconfirmation hearingelizabeth warrendonald trumpinterest rates

Latest Stories

Kevin Warsh Fed Chair Confirmation Odds Surge to 86% on Prediction Markets After DOJ Drops Powell Inquiry
Developing
Politics·4/24/2026AI summary

Kevin Warsh Fed Chair Confirmation Odds Surge to 86% on Prediction Markets After DOJ Drops Powell Inquiry

Prediction market odds for Kevin Warsh's confirmation as Federal Reserve chairman have surged to 86% by May 15 after the DOJ dropped its criminal inquiry into current Fed Chair Jerome Powell. Before the probe ended, bettors placed only 30% odds on confirmation by May 15. Sen. Thom Tillis (R-NC), who sat on the Senate Banking Committee and refused to advance the nomination until the investigation concluded, has not yet made an official statement since the inquiry was dropped.

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CNBC
Kevin Warsh Faces Senate Grilling Over Fed Chair Confirmation
Urgent
Politics·4/21/2026AI summary

Kevin Warsh Faces Senate Grilling Over Fed Chair Confirmation

Kevin Warsh's confirmation hearing for Federal Reserve chairman turned contentious as Democratic senators, led by Elizabeth Warren, questioned his independence from President Trump and probed his financial holdings and connections to Jeffrey Epstein. Warren called Warsh a potential "sock puppet" for Trump, while senators pressed on his $100m+ investment fund and Epstein-related financing. Trump stated he would be "disappointed" if Warsh didn't cut rates immediately.

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BBC News
Kevin Warsh Faces Democratic Criticism at Fed Chair Confirmation Hearing
Developing
Politics·4/21/2026AI summary

Kevin Warsh Faces Democratic Criticism at Fed Chair Confirmation Hearing

Kevin Warsh, Trump's nominee to lead the Federal Reserve, faced sharp criticism from Senate Democrats at his confirmation hearing, with Senator Elizabeth Warren calling him a "sock puppet" for presidential policies. Lawmakers questioned his financial disclosures, crypto investments, and independence amid concerns Trump seeks to influence interest rate decisions. Warsh denied Trump ever asked him to commit to any rate decision. Powell's term ends May 15, but prediction markets show only 37% expect confirmation by that date.

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Cointelegraph