Story perspectives

Trump’s Warsh Nominee Stalled Over Fed Pressure, DOJ Probe

4/24/2026

Summary

Story summary

President Donald Trump’s nominee Kevin Warsh remains unconfirmed as a standoff over Trump pressure on Federal Reserve Chair Jerome Powell amid DOJ probe.
Warsh testified before Senate, pledged to protect Federal Reserve independence, and blamed 2021-2022 policy errors for inflation.
Senator Elizabeth Warren demanded disclosure of Warsh’s more than $100 million in assets while Senator Thom Tillis said he will withhold vote until DOJ probe into Powell’s Fed-head renovation is dropped.

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Story summary

President Donald Trump’s nominee Kevin Warsh remains unconfirmed as a standoff over Trump pressure on Federal Reserve Chair Jerome Powell amid DOJ probe.
Warsh testified before Senate, pledged to protect Federal Reserve independence, and blamed 2021-2022 policy errors for inflation.
Senator Elizabeth Warren demanded disclosure of Warsh’s more than $100 million in assets while Senator Thom Tillis said he will withhold vote until DOJ probe into Powell’s Fed-head renovation is dropped.