Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick
Powell is under Justice Department investigation, and the article reports that he may serve temporarily if a new chair is not confirmed in time.
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Powell is under Justice Department investigation, and the article reports that he may serve temporarily if a new chair is not confirmed in time.
Republished from The New York Times, with credit to the original publisher.
31 stories · 94–95 · updated Sep 25, 2026
This is The New York Times's own score, and this article is credited to The New York Times. The host score in the Source Check is DNYUZ's.
Democratic members of the Senate Banking Committee urged Chairman Tim Scott to delay Kevin Warsh’s confirmation hearing until investigations involving Jerome Powell and Lisa Cook are resolved. The dispute could affect whether Warsh is confirmed before Powell’s term as Fed chair ends on May 15.
Republican senator who vowed to block Fed nominees until legal threats against Powell end
Tillis's version of this story ↗President whose administration is investigating Fed officials and whose nominee is at issue
Trump's version of this story ↗
Senate Banking Committee chairman who received the Democrats’ letter
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