Kevin Warsh’s Fed Chair Hearing Targeted for the Week of April 13, Ahead of May 15 Deadline

The Senate Banking Committee is aiming to hold Kevin Warsh’s confirmation hearing for Federal Reserve chair during the week of April 13, with timing dependent on his paperwork being completed. The schedule could position Warsh to replace Jerome Powell before Powell’s term ends on May 15, while opposition from Sens. Elizabeth Warren and Thom Tillis may slow the process and extend policy uncertainty for risk assets.