Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
Warsh’s confirmation faces a Senate committee hurdle, and the article describes the policy and leadership challenges he could inherit.

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Warsh’s confirmation faces a Senate committee hurdle, and the article describes the policy and leadership challenges he could inherit.

Republished from The New York Times, with credit to the original publisher.
31 stories · 94–95 · updated Sep 25, 2026
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The article reports that Kevin Warsh’s path to Senate confirmation as Federal Reserve chair is complicated by a Justice Department investigation involving Jerome Powell, while Senator Thom Tillis says he will not advance the nomination until the legal threats against Powell end. It says Powell could remain on the Fed board, affecting President Trump’s influence over the central bank and Warsh’s leadership challenges.
Senator withholding support for advancing Warsh’s nomination until legal threats against Powell end
Tillis's version of this story ↗Federal Reserve chair whose investigation and potential continued board service are central to the story
Powell's version of this story ↗president seeking greater influence over the Federal Reserve
Trump's version of this story ↗Loading comments…