The U.S. Senate Committee on Banking, Housing and Urban Affairs’ Ranking Member, Senator Elizabeth Warren, issued a statement after the White House officially transmitted Kevin Warsh’s nomination to be Chair of the Federal Reserve to the Senate, urging the Senate not to move forward with the nomination. Warren argued that Warsh would act as “Donald Trump’s sock puppet” at the Federal Reserve and linked her opposition to claims that President Trump is “weaponiz[ing]” the Department of Justice to seize control of the Fed through “witch hunts” against Chair Powell and Governor Cook.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-03-04
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member Warren urges Senate to block Kevin Warsh nomination as Federal Reserve Chair
Senator Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, urged the Senate to reject Kevin Warsh's nomination as Chair of the Federal Reserve. Warren criticized Warsh as potentially being influenced by former President Trump, alleging attempts to control the Fed through investigations against Chair Powell and Governor Cook.