Warsh Nomination Hearing Delayed
April 14, 2026
The Senate Banking Committee hearing to consider Kevin Warsh as Federal Reserve Chair was pushed back as the committee waited for his paperwork.
- The hearing had been expected to occur this Thursday, April 16.
- Warsh’s paperwork has been finalized and a hearing is expected in a week on April 21.
Why it matters: The Senate committee hearing is a first step before a committee vote to send Warsh’s nomination to the floor ahead of Powell’s term as chair ends.
Yes, but: Sen. Thom Tillis (R-NC) remains opposed to advancing any Fed nominees until the Department of Justice investigation into Powell’s Senate testimony is resolved.
- Tillis’ opposition deadlocks the 13-11 committee, assuming all Democrats oppose Warsh’s nomination.
- A federal court quashed DOJ’s subpoenas of the Federal Reserve, which could have been an opening for prosecutors to drop the case.
- However. U.S. Attorney for the District of Columbia Jeanine Pirro pledged to appeal the decision and continue the investigation.
What’s next: While Powell’s term as chair expires May 15, the Fed can vote to have him serve as Chair pro tempore in light of a vacancy, which Powell intends to do until a successor is confirmed. Powell’s full term of the Board of Governors does not expire until 2028.
Contact David McCarthy (dmccarthy@crefc.org) with questions.