A bitter spat is set to dominate Kevin Warsh’s confirmation hearing Tuesday morning.
It’s not the economic outlook or bank regulation. The real focus for Senate Banking members vetting Warsh to be the next Federal Reserve chair will be President Donald Trump, his yearslong campaign to oust Jerome Powell and whether his DOJ will drop a Fed probe that threatens to derail Warsh’s confirmation indefinitely.
“The president’s current nominee will be ultimately confirmed,” Sen. John Kennedy said Monday. “In what decade that happens, I’m not sure.”
Sen. Thom Tillis, who is single-handedly holding up Warsh until the DOJ matter is tossed, appears to have…
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