Finance

Sen. Tillis Expected to Clear Way for Warsh as Fed Chair

Bloomberg's Michael McKee breaks down the big week ahead for the Fed, with Jerome Powell's final press conference on rate cuts this Wednesday as his term ends next month. Hours earlier, the Senate Banking Committee will move forward with confirming Kevin Warsh to be the next Fed Chair after the DOJ

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Bloomberg
April 26, 2026·1 min read
Sen. Tillis Expected to Clear Way for Warsh as Fed Chair

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Bloomberg's Michael McKee breaks down the big week ahead for the Fed, with Jerome Powell's final press conference on rate cuts this Wednesday as his term ends next month. Hours earlier, the Senate Banking Committee will move forward with confirming Kevin Warsh to be the next Fed Chair after the DOJ investigation was dropped. Sunday morning, Sen. Thom Tillis (R-North Carolina) said he would support Warsh's nomination. (Source: Bloomberg)

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Sen. Tillis Expected to Clear Way for Warsh as Fed Chair

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