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Trump's Warsh Nomination Moves Forward Amid Economic Concerns

4/9/2026

50 9 Full Breakdown

Summary

Story summary

U.S. President Donald Trump’s nomination of Kevin Warsh for Federal Reserve chair is on track for confirmation, per Kevin Hassett.
Hassett cites opposition from some Democrats and Republican Senator Thom Tillis.
He says a strong candidate is needed amid economic challenges tied to Iran actions.
He notes oil-price rises from Hormuz disruptions could curb growth, but effects are temporary.
Hassett expects lower interest rates if Warsh is confirmed.

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Story summary

U.S. President Donald Trump’s nomination of Kevin Warsh for Federal Reserve chair is on track for confirmation, per Kevin Hassett.
Hassett cites opposition from some Democrats and Republican Senator Thom Tillis.
He says a strong candidate is needed amid economic challenges tied to Iran actions.
He notes oil-price rises from Hormuz disruptions could curb growth, but effects are temporary.
Hassett expects lower interest rates if Warsh is confirmed.