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Warsh Faces Scrutiny Over $100M Assets Before Fed Hearing

4/17/2026

Summary

Story summary

Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, faces scrutiny over his financial holdings exceeding $100 million ahead of a Senate Banking Committee hearing.
Senator Elizabeth Warren urged Warsh to disclose more about his assets, while he pledged to sell his investments if confirmed, citing confidentiality agreements for not revealing specifics.
All 11 Democrats on the committee requested a hearing delay until a Department of Justice investigation into current Fed chair Jerome Powell is resolved.
Trump continues to advocate for Federal Reserve rate cuts despite rising inflation linked to the Iran war.

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Story summary

Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, faces scrutiny over his financial holdings exceeding $100 million ahead of a Senate Banking Committee hearing.
Senator Elizabeth Warren urged Warsh to disclose more about his assets, while he pledged to sell his investments if confirmed, citing confidentiality agreements for not revealing specifics.
All 11 Democrats on the committee requested a hearing delay until a Department of Justice investigation into current Fed chair Jerome Powell is resolved.
Trump continues to advocate for Federal Reserve rate cuts despite rising inflation linked to the Iran war.