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US Senate set to hold confirmation hearing for Kevin Warsh in week of April 13

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Suehyeon Lee

Summary

  • The US Senate said it is beginning the confirmation process for former Fed Governor Kevin Warsh as the next Fed chair nominee.
  • The Senate Banking Committee said it plans to hold a confirmation hearing for Fed chair nominee Kevin Warsh in the week of April 13.
  • The Senate Banking Committee said the hearing is expected to focus on his stance on the direction of interest-rate policy, inflation-response strategy, and financial-market stability.

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Photo=Cointelegraph X (formerly Twitter)
Photo=Cointelegraph X (formerly Twitter)

The US Senate is beginning the confirmation process for former Federal Reserve (Fed) Governor Kevin Warsh as the next Fed chair nominee.

On the 29th (local time), Cointelegraph, citing Punchbowl News, reported: "The Senate Banking Committee plans to hold a confirmation hearing for Fed chair nominee Kevin Warsh in the week of April 13."

The hearing is expected to focus on his stance on the direction of interest-rate policy, strategies for addressing inflation, and financial-market stability. With uncertainty persisting over the recent inflation path and the timing of rate cuts, attention is also centered on how the next Fed chair nominee’s policy posture could affect global financial markets.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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