Senate should proceed with Warsh hearings for Fed chair despite Powell probe: Bessent

Senate should proceed with Warsh hearings for Fed chair despite Powell probe: Bessent


Scott Bessent, US treasury secretary, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, Feb. 5, 2026.

Kent Nishimura | Bloomberg | Getty Images

The Senate should move to advance Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chairman, even as a federal criminal investigation into current chair Jerome Powell continues, Treasury Secretary Scott Bessent said Friday.

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