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Trump says Warsh should have ‘no trouble’ getting through confirmation process
Trump expects nominee Kevin Warsh to gain bipartisan Senate support despite potential confirmation challenges; Warsh is seen as aligning with Trump's goals on lowering interest rates.
- On Jan 31, President Donald Trump said Warsh should face no trouble in confirmation and may attract bipartisan support.
- Mr Trump nominated Mr Warsh on Jan 30 to lead the Federal Reserve when Jerome Powell's term ends in May, praising Warsh as a former Fed insider.
- Senator Thom Tillis said he would block the confirmation until a Justice Department inquiry into Mr Powell is `fully and transparently resolved`, with a 13-11 Republican committee majority that could be affected by one vote.
- Without naming names, Trump said Warsh might win confirmation even without Tillis's support, and he suggested the administration could wait for Tillis to leave the Senate.
- Asked about interest rates, Mr Trump said he expects Mr Warsh `is going to lower` them and noted Warsh made no firm commitments.
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34 Articles
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Total News Sources34
Leaning Left1Leaning Right8Center13Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
C 59%
R 36%
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