Senate committee delays Fed nominee's hearing, Punchbowl reports
Source: Reuters
April 9, 2026 6:03 PM EDT Updated 10 hours ago
WASHINGTON, April 9 (Reuters) - The U.S. Senate Banking Committee is no longer planning to hold a confirmation hearing for Kevin Warsh, U.S. President Donald Trump's pick to run the Federal Reserve, next week, Punchbowl News reported on Thursday, citing two sources familiar with planning.
As of late Thursday, the panel had not yet set or announced a hearing date, which under its rules requires a five-day advance notice.
Hearings are almost exclusively held Tuesdays through Thursdays, making April 21 likely the earliest potential date for a Warsh nomination hearing.
The delay narrows the window for full Senate confirmation before current Fed Chair Jerome Powell's leadership term ends on May 15. Powell has said that should Warsh not yet be confirmed by then he would continue to serve as chair "pro tem."
Read more: https://www.reuters.com/world/senate-banking-committee-no-longer-hold-confirmation-hearing-trumps-fed-pick-2026-04-09/