Fed, Warsh and Senate
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The top priority for Senate Republicans this week will be to confirm Kevin Warsh to be chairman of the Federal Reserve, but much of the week’s work in the Senate will be off the floor, setting the stage for upcoming votes on the budget reconciliation bill.
Steve Pearce to lead the Bureau of Land Management and is expected to confirm the New Mexican as well as other energy and environment nominees in the coming days. The Senate approved a procedural motion on a 46-45 vote to move ahead with the confirmation of 49 nominees en bloc.
Kevin Warsh heads into a high-stakes Senate confirmation hearing as Trump's pick to lead the Federal Reserve amid mounting economic and legal pressure.
Sen. Thom Tillis reiterates his intent to hold up President Trump's pick for Fed chair until the DOJ ends its criminal probe of Jerome Powell President Trump's pick for Fed chair, Kevin Warsh (at left), could see his Senate confirmation delayed due to the ...