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Bessent says Senate Banking Committee agreed to proceed with hearings for Fed nominee Warsh
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Bessent says Senate Banking Committee agreed to proceed with hearings for Fed nominee Warsh
Mar 11, 2026 4:07 AM

WASHINGTON, Feb 13 (Reuters) - The Senate Banking Committee has agreed ​to move forward ‌with confirmation hearings for ⁠Kevin Warsh, President Donald ⁠Trump's nominee ‌to head ‌the Federal Reserve, despite ​a key ‌senator's hold on the nomination, U.S. ​Treasury Secretary ​Scott ‌Bessent said on Friday.

"I think it is important ⁠that we get ⁠to the hearings. Chair (Jerome) Powell's term ends mid May, ⁠and ‌anyone who cares ‌about the integrity, ⁠the independence of the Fed is going to want to see continuity with Kevin ​Warsh," Bessent said.

(Reporting by Andrea Shalal And ​Susan Heavey; ‌editing by Philippa ​Fletcher)

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