{"id":48512,"date":"2026-04-12T11:23:03","date_gmt":"2026-04-12T11:23:03","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=48512"},"modified":"2026-04-12T11:23:03","modified_gmt":"2026-04-12T11:23:03","slug":"kevin-warshs-fed-chair-nomination-delayed-as-senate-hearing-is-pushed-past-next-week","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=48512","title":{"rendered":"Kevin Warsh&#8217;s Fed chair nomination delayed as Senate hearing is pushed past next week"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p>A nomination hearing for <a href=\"https:\/\/nypost.com\/tag\/kevin-warsh\/\">Kevin Warsh<\/a> \u2013 President Trump\u2019s pick to succeed Jerome Powell at the Federal Reserve \u2013 has been delayed after it was initially slated for April 16, a source familiar with the matter told The Post.<\/p>\n<p>A new date for his hearing has not yet been scheduled, the source said, as the Senate Banking Committee is still waiting to receive Warsh\u2019s paperwork.<\/p>\n<p>The committee is required to give a week\u2019s notice before the hearing is held, so it would have needed to collect Warsh\u2019s filings by midnight Thursday to proceed as previously planned.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"39049017\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<figcaption>A nomination hearing for Kevin Warsh has been delayed, according to a source familiar with the matter. <span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<p>It\u2019s a \u201cpaperwork issue\u201d similar to one that Securities and Exchange Commission Chair Paul Atkins encountered, since both Atkins and Warsh have particularly complex financial disclosures due to their high net worths, the source said.<\/p>\n<p>Punchbowl News earlier <a href=\"https:\/\/punchbowl.news\/article\/finance\/economy\/warsh-hearing-date\/\" target=\"_blank\" rel=\"nofollow noopener\" data-nyp-affiliate=\"true\">reported the hearing snafu<\/a>.<\/p>\n<aside class=\"single__inline-module aligncenter wp-block-nypost-editor-primary-tag\">\n<\/aside>\n<p>Warsh is married to billionaire Est\u00e9e Lauder heiress Jane Lauder, who is worth about $1.9 billion, according to Forbes.<\/p>\n<p>In 2006, when he was nominated for his six-year stint as a Fed governor, his financial disclosures revealed nearly 1,200 assets, though most were held by his wife.<\/p>\n<p>After leaving the Fed in 2011, Warsh worked at billionaire investor Stanley Druckenmiller\u2019s family office, the Duquesne Family Office, for 15 years.<\/p>\n<p>Though Warsh has told Trump he believes interest rates should be lower, the former Fed governor favored higher rates during his term and is widely viewed as an inflation hawk.<\/p>\n<p>Trump announced Warsh as his pick to lead the Fed in January after months of pressuring Powell to slash rates faster \u2013 calling him \u201cstupid\u201d and \u201chardheaded.\u201d<\/p>\n<p>But Warsh\u2019s confirmation has faced snags related to the government\u2019s criminal investigation into Powell and the Fed\u2019s over-budget headquarters renovation project.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"39049020\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<img loading=\"lazy\" style=\"aspect-ratio:1.49926794;display:block\" loading=\"lazy\" decoding=\"async\" data-modal-image=\"39049020\" width=\"885\" height=\"590\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/04\/president-donald-trump-speaks-federal-125377364.jpg?w=1024\" alt=\"Donald Trump speaking with a hardhat in hand, next to Jerome Powell wearing a hardhat.\" class=\"wp-image-39049020\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/04\/president-donald-trump-speaks-federal-125377364.jpg?quality=75&amp;strip=all 6000w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/04\/president-donald-trump-speaks-federal-125377364.jpg?resize=300,200&amp;quality=75&amp;strip=all 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/04\/president-donald-trump-speaks-federal-125377364.jpg?resize=768,512&amp;quality=75&amp;strip=all 768w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/04\/president-donald-trump-speaks-federal-125377364.jpg?resize=1024,683&amp;quality=75&amp;strip=all 1024w, 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sizes=\"auto, (max-width: 885px) 100vw, 885px\"\/><figcaption>President Trump and Fed Chair Jerome Powell at the Fed\u2019s headquarters renovation site last July. <span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>Sen. Thom Tillis (R-NC), a member on the Senate Banking Committee, has <a href=\"https:\/\/nypost.com\/2026\/02\/04\/business\/gop-sen-thom-tillis-sticks-to-threat-to-block-trump-fed-nominee-unless-jerome-powell-probe-is-dropped\/\">vowed to block any of Trump\u2019s nominees<\/a> to lead the Fed until the investigation into Powell is fully ended.<\/p>\n<p>Last week, a US district judge <a href=\"https:\/\/nypost.com\/2026\/04\/03\/business\/judge-rejects-doj-bid-to-unblock-subpoenas-targeting-feds-jerome-powell-in-biting-opinion\/\">rejected the Trump administration\u2019s request<\/a> to reconsider the legality of two subpoenas targeting the Fed and Powell \u2013 but US Attorney Jeanine Pirro quickly vowed to appeal the decision.<\/p>\n<p>National Economic Council Director Kevin Hassett told Fox Business on Thursday that he is \u201chighly confident\u201d Warsh will be chairman by the end of Powell\u2019s term.<\/p>\n<p>At the Fed\u2019s meeting in March, Powell said he <a href=\"https:\/\/nypost.com\/2026\/03\/18\/business\/federal-reserve-holds-interest-rates-steady-amid-iran-war-mixed-economic-signals\/\">will stay on as \u201cchairman pro tem\u201d<\/a> if a successor is not confirmed by May 15, adding that it\u2019s \u201cwhat the law calls for.\u201d<\/p>\n<p>He also said he plans to remain on the board at least until the investigation is over. He could serve as a governor through 2028.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/nypost.com\/2026\/04\/10\/business\/kevin-warshs-fed-chair-nomination-delayed-as-senate-hearing-is-pushed-past-next-week\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A nomination hearing for Kevin Warsh \u2013 President Trump\u2019s pick to succeed Jerome Powell at the Federal Reserve \u2013 has been delayed after it was initially&hellip;<\/p>\n","protected":false},"author":1,"featured_media":48513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[40],"tags":[],"class_list":["post-48512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/48512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48512"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/48512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/48513"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}