The U.S. Senate Banking Committee is scheduled to review the “Federal Reserve Chair nomination summary for Wash” on April 16. The U.S. Senate Banking Committee will hold a hearing on April 16 to review Kevin Wirth’s nomination to serve as Federal Reserve Chair. Meanwhile, the criminal investigation into current Chair Powell is still ongoing and may affect Wash’s confirmation process. Committee members have said they will not vote to confirm before the investigation is completed, leading to a potential conflict between two parallel processes in the Trump administration.

According to Gate News, on April 4, the U.S. Senate Banking Committee will hold a hearing on April 16 to review Kevin Wirth’s nomination to serve as Federal Reserve Chair. At the same time, a criminal investigation into the Federal Reserve is still ongoing, examining whether current Chair Powell made false statements to Congress regarding the expensive renovation of the Federal Reserve office building. Wash’s nomination process is still moving forward, which could cause a clash between the two parallel processes promoted by the Trump administration. Banking Committee member Thom Tillis has said he will not vote to confirm Wash until the investigation is over, meaning Trump cannot advance both processes at the same time. The Senate Banking Committee has not yet placed the hearing on the public calendar. #Gate广场四月发帖挑战