Trump’s pick to lead the Federal Reserve meets GOP senator holding up his confirmation
Kevin Warsh’s potential ascent to lead the world’s most powerful central bank comes at turbulent moment for Fed
Kevin Warsh was among Trump's leading candidates to replace Federal Reserve Chair Janet Yellen in 2017. However, Trump ultimately picked Powell for the role. (Tierney L. Cross/Bloomberg via Getty Images)
Sen. Thom Tillis, R-N.C., sits on the Senate Banking Committee, which must advance Fed nominees before the full Senate can confirm them. (Bill Clark/CQ-Roll Call, Inc. via Getty Images)
President Donald Trump speaks to Fed Chair Jerome Powell during a tour of the Federal Reserve in Washington, D.C., on Thursday, July 24, 2025. (Daniel Torok/Official White House Photo)
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