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Fed Chief Nominee Warsh Clears One Hurdle for Senate Hearing, CNBC Reports

Warsh filed financial disclosures, clearing a required step as the Senate Banking Committee weighs a hearing with five business days’ notice.

  • Federal Reserve chair nominee Kevin Warsh submitted required paperwork to the Senate on Monday, moving his nomination one step closer to a hearing.
  • Previously delayed due to paperwork holdups, the Senate Banking Committee requires financial disclosures and a completed questionnaire before scheduling a hearing.
  • Warsh's wife Jane Lauder has a net worth Forbes estimates at $1.9 billion, while committee rules mandate five business days' notice before a hearing.
  • Sen. Thom Tillis vowed to withhold approval until the Department of Justice investigation concludes into Fed Chair Jerome Powell's oversight of headquarters renovations.
  • Fed Chair Jerome Powell's term expires May 15, and he indicated he will continue filling the role on a "pro tem" basis if Warsh is not confirmed.
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Handelsblatt broke the news in Düsseldorf, Germany on Monday, April 13, 2026.
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