Senate Banking Democrats demand delay on Warsh nomination until Powell and Cook investigations end - CNBC
AI Summary1 min read
TL;DR
Senate Banking Democrats are calling for a delay in Kevin Warsh's nomination to the Federal Reserve until ongoing investigations into Chair Jerome Powell and Governor Lisa Cook are concluded. This move highlights concerns over potential politicization and stability in Fed leadership.
Tags
Federal ReserveKevin WarshSenate Banking CommitteeinvestigationsJerome Powell
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