Bessent says Fed nominee Warsh meetings with lawmakers going well

WASHINGTON, March ‌19 (Reuters) - U.S. ​Treasury ​Secretary Scott Bessent said on Thursday that meetings between ‌President Donald Trump's Fed chair nominee, ⁠Kevin Warsh, and U.S. lawmakers are ‌going very well, but ‌would not comment on whether a federal investigation of the current ​chair would be dropped.

Warsh's confirmation by the Senate has been ⁠placed in limbo by a top Republican senator's ​vow to block the nomination as long as federal prosecutor ​Jeanine Pirro's probe of ‌Fed Chair Jerome Powell continues.

"I'm not going to ⁠comment on the ongoing investigation. We'll see where this goes. But what ⁠is going to happen: Kevin Warsh has ​been up on the Hill meeting senators. The meetings are going very well. There ‌will be a hearing," Bessent said in an interview ‌with Fox Business Network. "What will ⁠be held up ‌is the ​vote."

(Reporting by Doina Chiacu and David Lawder; Ediring by Andrew ‌Heavens)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Health of Norway's king deteriorates while in hospital, palace says
• Israeli airstrikes in Gaza kill two people, including 4-year-old boy, medics say
• Russian online retailer Ozon warehouse in Orenburg region hit in drone attack, governor says