Sen. Tim Scott said he expects broad Republican support for Kevin Warsh’s Fed chair nomination, despite likely Democratic objections over financial disclosures. Scott also criticized Jerome Powell’s approach to Fed independence and said he expects Warsh to avoid political issues such as climate policy.
Outgoing Federal Reserve chair and subject of Scott’s criticism
ALSO MENTIONED Donald Trump, nominator; George W. Bush, President in whose administration Warsh served in the White House; Jeanine Pirro, U.S. attorney who authorized the investigation into Powell; Kevin Warsh, nominee
Kevin Warsh’s nomination to lead the Federal Reserve is before the Senate Banking Committee, and Jerome Powell’s record and investigation figure in the dispute over the transition.
Center outlets focus on Warsh’s independence from Trump and the confirmation standoff tied to Powell. Right-leaning outlets emphasize Tim Scott’s expected Republican backing for Warsh and his criticism of Powell, with little attention to Democrats’ positions.
