Nearly two months have passed since President Donald Trump announced Warsh’s nomination, and with two months until Fed Chair Jerome Powell’s term as chair expires, no Senate confirmation hearing date has been set. On Thursday, Democratic Sen. Elizabeth Warren sent a letter to Warsh demanding more details about the extent of his relationship with Jeffrey Epstein. The guest list for the dinner includes Epstein, Warsh, Lauder, Trump and his wife Melania, and some of the president’s children. The committee vets Fed nominees and determines whether they can advance to the full Senate. In the event that a new chair is not confirmed by then, Powell would stay on as chair “pro tem,” he told reporters on Wednesday.

Source: CNN March 19, 2026 22:48 UTC