The Guardian Australia – Business ·business ·3 hours ago

Senate Democrats block Trump's nomination of Kevin Warsh for Fed chair

Senate Democrats have moved to block Donald Trump's nomination of Kevin Warsh as the new Federal Reserve chair. They urged Republican leaders to delay the confirmation hearing, citing ongoing criminal investigations into current chair Jerome Powell and Fed governor Lisa Cook. The Democrats described the situation as 'absurd' and called for a pause until the investigations are resolved.

Summary by Glance · The Guardian Australia – Business

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