Scott Criticizes Powell's Fed Board Stay

Senate Banking Committee Chairman Tim Scott criticizes Federal Reserve Chair Jerome Powell for breaking tradition by staying on the Feds Board of Governors, potentially until 2028. This move blocks President Trump from gaining a majority on the board, amid ongoing tension between Powell and Trump. Powell announces hell remain until a related investigation wraps up, clearing the way for Kevin Warshs nomination as his successor. The full Senate could vote on Warsh as early as next week. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7f58e13643b0babd

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