{"id":543756,"date":"2026-04-22T00:25:14","date_gmt":"2026-04-22T00:25:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/543756\/"},"modified":"2026-04-22T00:25:14","modified_gmt":"2026-04-22T00:25:14","slug":"key-takeaways-from-kevin-warshs-fed-confirmation-hearing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/543756\/","title":{"rendered":"Key takeaways from Kevin Warsh&#8217;s Fed confirmation hearing"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">While backing and opposition to Warsh fell largely along party lines, Senator Thom Tillis was the lone Republican to withhold support.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Tillis, who is not running for re-election, said he actually backs Warsh&#8217;s appointment to the role, praising his &#8220;extraordinary credentials&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But the North Carolina senator said he wants an inquiry into outgoing Fed chairman Jerome Powell to be dropped before he will vote to approve his successor.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trump has frequently clashed with Powell over monetary policy.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The probe relates to an overspend on renovations to the Federal Reserve building.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Tillis said the cost overruns, while &#8220;unfortunate&#8221;, were &#8220;legitimate&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Powell plans to remain in post beyond the date his term ends, 15 May, if Warsh is not confirmed. Tillis&#8217;s ongoing blockade could make that prospect a reality.<\/p>\n","protected":false},"excerpt":{"rendered":"While backing and opposition to Warsh fell largely along party lines, Senator Thom Tillis was the lone Republican&hellip;\n","protected":false},"author":2,"featured_media":543757,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-543756","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/543756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=543756"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/543756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/543757"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=543756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=543756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=543756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}