The Senate Banking Committee is expected to conduct a hearing on the nomination of Kevin Warsh as Federal Reserve chair as early as the week of April 13, according to sources cited by Punchbowl News. The hearing date remains tentative, contingent on Warsh completing necessary paperwork. Current Fed Chair Jerome Powell's term ends on May 15, but he will continue until a successor is confirmed. Warsh, who previously served on the Fed's Board of Governors from 2006 to 2011, has expressed intentions to implement significant changes in Fed policy, particularly regarding interest rates and balance sheet management. His nomination, however, faces opposition from political figures such as Senator Elizabeth Warren, who criticized Warsh's past performance during the 2008 financial crisis and his ties to Wall Street. Additionally, Senator Thom Tillis has pledged to block any Fed nominations until a DOJ investigation into Powell is resolved.