Last mentioned: Mar 11, 2026
Projected Vote
Earliest anticipated window for a Senate confirmation vote if the probe concludes.
Scott's Statement
Senator Tim Scott publicly calls for the probe to 'go away' to allow for a vote.
Probe Initiated
An investigation into Jerome Powell's conduct or policy decisions is launched.
Nomination Announced
Kevin Warsh is formally nominated to lead the Federal Reserve.
Senator Tim Scott has signaled a desire for the ongoing investigation into Fed Chair Jerome Powell to conclude, aiming to clear the legislative path for Kevin Warsh's confirmation. The move highlights a push for leadership transition at the Federal Reserve amid intensifying political and regulatory scrutiny.
Senator Tim Scott, Chairman of the Senate Banking Committee, has signaled a desire for the ongoing investigation into Federal Reserve Chair Jerome Powell to conclude swiftly. The resolution of this probe is viewed as the critical final hurdle before the Senate can proceed with a confirmation vote for Kevin Warsh.