U.S. Senator Elizabeth Warren, the ranking member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, issued a statement opposing the Republican majority’s decision to schedule a committee vote on Kevin Warsh for 29 April. Warren argued that reported Department of Justice actions and statements involving the Federal Reserve undermine claims of support for Federal Reserve independence, citing a threat to restart an investigation into Federal Reserve Chair Jerome Powell and an ongoing probe involving Governor Lisa Cook. She urged Republicans not to move forward with Warsh’s nomination, characterising him as aligned with President Trump based on his nomination hearing.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-04-25
U.S. Senate Banking Committee ranking member challenges vote to advance Kevin Warsh nomination citing alleged political pressure on the Federal Reserve
U.S. Senator Elizabeth Warren, ranking member of the Senate Banking Committee, opposed the Republican majority’s decision to schedule a 29 April committee vote on Kevin Warsh. She argued that reported Department of Justice actions involving the Federal Reserve—including a threat to restart an investigation into Chair Jerome Powell and an ongoing probe involving Governor Lisa Cook—undermine claims of support for Fed independence and urged Republicans not to advance Warsh’s nomination, characterising him as aligned with President Trump.