US Treasury Secretary Bessant clarified that issuing a subpoena does not automatically lead to a lawsuit against the Federal Reserve. This statement comes amid discussions surrounding Federal Reserve Chairman nominee Warsh. Bessant emphasized the importance of proceeding with Senate hearings for Warsh's nomination.
Senator Tillis has expressed a desire to delay any related votes, but after discussions with Republican senators, he believes there is consensus to move forward with Warsh's Federal Reserve-related hearings. The outcome of Prosecutor Piro's investigation remains a key factor in the process.
US Treasury Secretary Bessant Clarifies Subpoena Implications for Federal Reserve
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