WATCH LIVE: Kevin Warsh testifies in Senate Banking confirmation hearing for Fed chair
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Kevin Warsh is testifying in his confirmation hearing for Federal Reserve chair.
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Kevin Warsh is testifying in a Senate Banking confirmation hearing for Federal Reserve chair. Warsh is a former top official at the Fed and a wealthy investor, and he is expected to face challenging questions during the hearing. This hearing is a critical step in the process of confirming the next leader of the nation's central bank. The individual confirmed to this role will significantly influence U.S. monetary policy and economic stability.
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<p>At Kevin Warsh's <a href="https://www.axios.com/2026/04/14/kevin-warsh-senate-fed" target="_blank">Fed confirmation hearing</a> today, Republicans will cast him as a change agent ready to shake up<strong> </strong>a tradition-bound institution.</p><p><strong>Driving the news: </strong>In remarks introducing Warsh <a href="https://www.documentcloud.org/documents/28062113-kevin-warsh-introduction-by-senator-dave-mccormick-04212026/" target="_blank">obtained by Axios</a>, Sen. Dave McCormick (R-Pa.) will say the onetime Fed governor "brings a reformer's heart" and "will shake up a stagnant institution at a time when change is sorely needed."</p><hr><ul><li>It echoes some of Warsh's own criticisms of the Fed, saying that the central bank "must not be ruled by pointy-headed economists poring over outdated models and reams of market data."</li><li>Democrats on the Senate Banking Committee plan to focus on potential conflicts of interest stemming from Warsh's expansive portfolio, which ...
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