Treasury Secretary Scott Bessent is advocating for the Senate to move forward with hearings for Kevin Warsh's nomination as Federal Reserve Chair. This push comes despite a Republican blockade linked to an ongoing Department of Justice investigation into current Fed Chair Jerome Powell. The GOP's resistance is reportedly tied to concerns over the probe's implications, but Bessent emphasizes the importance of proceeding with the nomination process.
Treasury Secretary Urges Progress on Warsh Fed Chair Nomination
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
