Bessent says Fed nominee Warsh meetings with lawmakers going well
Bessent says Fed nominee Warsh meetings with lawmakers going well
ReutersThu, March 19, 2026 at 12:39 PM UTC
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FILE PHOTO: Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan Mcdermid/File Photo
WASHINGTON, March 19 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday that meetings between President Donald Trump's Fed chair nominee, Kevin Warsh, and U.S. lawmakers are going very well, but would not comment on whether a federal investigation of the current chair would be dropped.
Warsh's confirmation by the Senate has been placed in limbo by a top Republican senator's vow to block the nomination as long as federal prosecutor Jeanine Pirro's probe of Fed Chair Jerome Powell continues.
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"I'm not going to comment on the ongoing investigation. We'll see where this goes. But what is going to happen: Kevin Warsh has been up on the Hill meeting senators. The meetings are going very well. There will be a hearing," Bessent said in an interview with Fox Business Network. "What will be held up is the vote."
(Reporting by Doina Chiacu and David Lawder; Ediring by Andrew Heavens)
Source: “AOL Breaking”
