{"id":1904498,"date":"2026-04-27T04:28:09","date_gmt":"2026-04-27T01:28:09","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1904498"},"modified":"2026-04-27T04:28:09","modified_gmt":"2026-04-27T01:28:09","slug":"key-us-senator-lifts-block-on-fed-chair-nominee-kevin-warsh","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1904498","title":{"rendered":"Key US senator lifts block on Fed chair nominee Kevin Warsh"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/73\/67\/27\/1200x675_cmsv2_da80fa26-efcc-5b21-b99c-417dac8a6f3c-9736727.jpg&#8221;]<\/p>\n<article id=\"abe-2889169-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2889169\" data-cid=\"9736684\" data-part-label=\"Partner content\">\n<figure id=\"abe-2889169-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/66\/84\/189x106_cmsv2_75b6b92d-d32f-5209-b7cc-3d434440bd0a-9736684.jpg\" loading=\"lazy\" alt=\"Smoke rises after a Russian strike in Dnipro, Ukraine, Saturday, April 25, 2026. (AP Photo\/Mykola Synelnykov)\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    World News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    At least 16 killed in Russia&#8217;s war on Ukraine on Chernobyl anniversary\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2888475-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2888475\" data-cid=\"9733380\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888475-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/33\/80\/189x106_cmsv2_ef4fb96b-44f9-51c5-a0c8-b71be90461b5-9733380.jpg\" loading=\"lazy\" alt=\"This photo provided by Katherine Hunt shows her children walking barefoot at the Park for All Senses, known locally as Park Mit Allen Sinnen, Aug. 8, 2024, in Gutach, Germany.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Nature<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Take a barefoot hike in Germany&#8217;s &#8216;park with all senses&#8217;\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2888768-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2888768\" data-cid=\"9735238\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888768-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/52\/38\/189x106_cmsv2_0314dd6e-9648-5774-b390-0baa747b6c25-9735238.jpg\" loading=\"lazy\" alt=\"Canva\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Health news<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Stress during pregnancy? Early skills may help children cope\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2886960-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2886960\" data-cid=\"9725784\" data-part-label=\"Partner content\">\n<figure id=\"abe-2886960-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/72\/57\/84\/189x106_cmsv2_75606bec-6f74-547d-bd2a-a38d3d1cd562-9725784.jpg\" loading=\"lazy\" alt=\"Cycling in Camino de Santiago\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Destinations<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Europe\u2019s best destinations for cycling holidays in 2026\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2889169-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2889169\" data-cid=\"9736684\" data-part-label=\"Partner content\">\n<figure id=\"abe-2889169-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/66\/84\/189x106_cmsv2_75b6b92d-d32f-5209-b7cc-3d434440bd0a-9736684.jpg\" loading=\"lazy\" alt=\"Smoke rises after a Russian strike in Dnipro, Ukraine, Saturday, April 25, 2026. (AP Photo\/Mykola Synelnykov)\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    World News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    At least 16 killed in Russia&#8217;s war on Ukraine on Chernobyl anniversary\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2888475-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2888475\" data-cid=\"9733380\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888475-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/33\/80\/189x106_cmsv2_ef4fb96b-44f9-51c5-a0c8-b71be90461b5-9733380.jpg\" loading=\"lazy\" alt=\"This photo provided by Katherine Hunt shows her children walking barefoot at the Park for All Senses, known locally as Park Mit Allen Sinnen, Aug. 8, 2024, in Gutach, Germany.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Nature<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Take a barefoot hike in Germany&#8217;s &#8216;park with all senses&#8217;\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2888768-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2888768\" data-cid=\"9735238\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888768-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/52\/38\/189x106_cmsv2_0314dd6e-9648-5774-b390-0baa747b6c25-9735238.jpg\" loading=\"lazy\" alt=\"Canva\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Health news<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Stress during pregnancy? Early skills may help children cope\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2886960-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2886960\" data-cid=\"9725784\" data-part-label=\"Partner content\">\n<figure id=\"abe-2886960-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/72\/57\/84\/189x106_cmsv2_75606bec-6f74-547d-bd2a-a38d3d1cd562-9725784.jpg\" loading=\"lazy\" alt=\"Cycling in Camino de Santiago\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Destinations<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Europe\u2019s best destinations for cycling holidays in 2026\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Business<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                             Key US senator lifts block on Fed chair nominee Kevin Warsh<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/67\/27\/1536x864_cmsv2_da80fa26-efcc-5b21-b99c-417dac8a6f3c-9736727.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"Kevin Warsh testifies during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors. 21 April 2026.\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              Kevin Warsh testifies during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors. 21 April 2026.<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspAngela Barnes&amp;nbsp&amp;&amp;nbsp<b>AP<\/b><\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1777264089\">\n         Published on<br \/>\n            <time datetime=\"2026-04-27 06:28:09 +02:00\">27\/04\/2026 &#8211; 6:28 GMT+2<\/time><\/div>\n<\/div>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center js-c-article-partage-commentaire-share\"><span>Share<\/span><\/span><span>Comments<\/span><\/div>\n<div class=\"c-article-partage-commentaire-popup-overlay js-c-article-partage-commentaire-popup-overlay u-display-none\">\n<div id=\"js-c-article-partage-commentaire-popup\" class=\"c-article-partage-commentaire-popup js-c-article-partage-commentaire-popup\">\n<div class=\"c-article-partage-commentaire-popup__header u-display-flex\"><span>Share<\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/icon-close.svg\" width=\"24\" height=\"24\" alt=\"Close Button\" class=\"u-cursor-pointer js-c-article-partage-commentaire-close\" loading=\"lazy\"><\/div>\n<div class=\"c-article-partage-commentaire-popup__content u-display-flex\">\n<div id=\"partage-commentaire-popup-content-container\" class=\"c-article-partage-commentaire-popup__content__container u-display-flex\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-facebook.svg\" width=\"24\" height=\"24\" alt=\"facebook\" loading=\"lazy\"><span>Facebook<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-facebook.svg\" width=\"48\" height=\"48\" alt=\"facebook\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 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loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-telegram.svg\" width=\"24\" height=\"24\" alt=\"telegram\" loading=\"lazy\"><span>Telegram<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-telegram.svg\" width=\"48\" height=\"48\" alt=\"telegram\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"24\" height=\"24\" alt=\"vk\" loading=\"lazy\"><span>VK<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"48\" height=\"48\" alt=\"vk\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"24\" height=\"24\" alt=\"bluesky\" loading=\"lazy\"><span>Bluesky<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"48\" height=\"48\" alt=\"bluesky\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"24\" height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        The Republican senator who had effectively blocked confirmation of President Donald Trump\u2019s pick to lead the Federal Reserve said on Sunday he was dropping his opposition after the Department of Justice ended its investigation of the current central bank chair.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>The announcement by Sen. Thom Tillis of North Carolina removes a big hurdle to Trump&#8217;s effort to install Kevin Warsh, a former high-ranking Fed official, in the job in place of Jerome Powell, long under White House pressure to lower interest rates. Tillis&#8217; opposition was enough to stall the nomination in the GOP-controlled Senate Banking Committee as Powell neared the scheduled end of his term on 15 May.<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>\u201cI am prepared to move on with the confirmation of Mr. Warsh. I think he\u2019s going to be a great Fed chair,\u201d Tillis told NBC\u2019s \u201cMeet the Press,\u201d two days after the US attorney for the District of Columbia said her office\u2019s investigation of the Fed\u2019s multibillion-dollar building renovations was over. Powell&#8217;s brief congressional testimony last summer about that work was also under review.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\">\n<li class=\"c-widget-related__item\">Fed chair nominee Warsh rejects &#8216;Trump sock puppet&#8217; label at Senate hearing<\/li>\n<\/ul>\n<\/div>\n<p>The Fed&#8217;s internal watchdog is scrutinising a project, now at $2.5 billion (roughly \u20ac2.13bn)after earlier estimates had put it at $1.9 billion (around \u20ac1.62bn), that the Republican president has criticised for cost overruns. Powell had asked in July for the inspector general&#8217;s review.<\/p>\n<p>\u201cI believe that there will not be any wrongdoing. Maybe we find a little stupid here in terms of somebody responsible for the project making a decision they shouldn&#8217;t? Maybe. But it doesn\u2019t rise to a criminal prosecution. That was my problem to begin with because I feel like there were prosecutors in DC that thought this was going to be a lever to have Mr. Powell leave early,&#8221; he said.<\/p>\n<p>Tillis, who infuriated Trump in June for opposing his big tax and spending cuts bill over Medicaid reductions and then announced he would not seek reelection in 2026, added that he had received assurances from the Justice Department that \u201cthe case is completely and fully settled \u2026 and that the only way an investigation would be opened would be a criminal referral from one of the most respect inspector generals.\u201d<\/p>\n<h2>Important week for Fed leadership<\/h2>\n<p>The committee on Saturday said it planned to vote Wednesday on Warsh&#8217;s nomination. The ranking Democrat, Massachusetts Sen. Elizabeth Warren, responded with a statement that &#8220;no Republican claiming to care about Fed independence should support moving forward the nomination of Kevin Warsh, who proved in his nomination hearing to be nothing more than President Trump\u2019s sock puppet.\u201d<\/p>\n<p>Also Wednesday, Fed policymakers will meet and are expected to keep their key interest rate unchanged for the third straight meeting, shrugging off Trump&#8217;s demands for a cut. At a news conference, Powell could indicate whether he will remain on the Fed&#8217;s board of governors after his term as chair ends, an unusual but not completely unprecedented step that would deny Trump the opportunity to fill another seat on the seven-member board. Powell&#8217;s term as a governor lasts until January 2028.<\/p>\n<p>At a hearing last week, Warsh told senators he never promised the White House that he would cut interest rates and pledged to be \u201can independent actor\u201d if confirmed as chair. Hours before that, Trump had been asked in a CNBC interview whether he would be disappointed if Warsh did not immediately cut rates. \u201cI would,\u201d the president said.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\">\n<li class=\"c-widget-related__item\">Trump picks Warsh for Fed chair, testing US central bank independence<\/li>\n<\/ul>\n<\/div>\n<p>Without the constraints of a political campaign, Tillis has spoken out forcefully about Powell, decrying the inquiry by US Attorney Jeanine Pirro, a longtime Trump ally, as a \u201cvindictive prosecution\u201d and suggested it threatened the Fed\u2019s longtime independence from day-to-day politics. Tillis told NBC that he had gotten assurances from the Justice Department that he needed &#8220;to feel like they were not using DOJ as a weapon to threaten the independence of the Fed. So this will allow Mr. Warsh to move on with his confirmation.\u201d<\/p>\n<p>On Saturday, Trump was asked by reporters whether there was now smooth sailing for Warsh with the end of the Justice Department&#8217;s investigation. \u201cI imagine it&#8217;s smooth,\u201d Trump said, adding that his nominee \u201cis going to be fantastic.\u201d The president said he still wanted to find out \u201chow can a building of that size cost &#8230; whatever it\u2019s going to be.\u201d<\/p>\n<p>Trump visited the Fed building in July and, in front of television cameras, said the renovations would run $3.1 billion (\u20ac2.64bn). Powell, standing next to him, said after looking at a paper presented to him by Trump, that the president&#8217;s latest price tag was incorrect.<\/p>\n<h2>Justice Department pursues Trump adversaries<\/h2>\n<p>The investigation was among several undertaken by the Justice Department into Trump\u2019s percieved adversaries. For months it had failed to gain traction as prosecutors struggled to articulate a basis to suspect criminal conduct. Other efforts by the department to prosecute Trump\u2019s adversaries, including New York state Attorney General Letitia James, a Democrat, and former FBI Director James Comey, have also been unsuccessful.<\/p>\n<p>Last month, a federal judge quashed Justice Department subpoenas issued to the Fed in the investigation, describing their purpose as \u201cto harass and pressure Powell to resign\u201d and open the path for a new chair. A prosecutor handling the Powell case had acknowledged at a closed-door court hearing that the government had not found any evidence of a crime.<\/p>\n<p>Pirro said Friday on X that she \u201cwill not hesitate to restart a criminal investigation should the facts warrant doing so.\u201d The acting attorney general, Todd Blanche, told NBC on Sunday that \u201dthere is no doubt that we will investigate&#8221; if the inspector general finds evidence of criminal conduct.<\/p>\n<p>Warsh is a financier and former member of the Fed\u2019s board of governors. Trump nominated him in January.<\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center js-c-article-partage-commentaire-share\"><span>Share<\/span><\/span><span>Comments<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2888672-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2888672\" data-cid=\"9734539\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888672-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/45\/39\/480x270_cmsv2_5d7b3cc5-aa4d-58cc-b4b3-841cf024f33a-9734539.jpg\" loading=\"lazy\" alt=\"President of the European Central Bank, Christine Lagarde, addresses the media during a press conference in Frankfurt, Germany, 19 March 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    ECB rate dilemma: Eurozone growth stalls as Iran war fuels inflation<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2884328-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2884328\" data-cid=\"9712894\" data-part-label=\"Partner content\">\n<figure id=\"abe-2884328-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/71\/28\/94\/480x270_cmsv2_7316655e-b9e0-515d-9f37-f712003fde2a-9712894.jpg\" loading=\"lazy\" alt=\"FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in their building in Washington.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Will the US Fed raise interest rates to fight Iran war inflation?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2879367-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2879367\" data-cid=\"9689488\" data-part-label=\"Partner content\">\n<figure id=\"abe-2879367-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/68\/94\/88\/480x270_cmsv2_20898eae-7a9d-5ead-9287-b569f0c750d3-9689488.jpg\" loading=\"lazy\" alt=\"FILE -Federal Reserve Chair Jerome Powell speaks during a news conference, Wednesday, Jan. 28, 2026, at the Federal Reserve Board Building in Washington.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Federal Reserve not likely to cut rates as Iran war stokes inflation<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<p>    Donald Trump<\/p>\n<\/li>\n<li class=\"c-tags-list__item\">\n<p>    Jerome Powell<\/p>\n<\/li>\n<li class=\"c-tags-list__item\">\n<p>    Interest rates<\/p>\n<\/li>\n<li class=\"c-tags-list__item\">\n<p>    Federal Reserve<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2888471-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2888471\" data-cid=\"9733375\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888471-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/33\/75\/320x180_cmsv2_634d47cc-c44f-5e31-b09a-2d8d59ee8f7d-9733375.jpg\" loading=\"lazy\" alt=\" Fuel prices in Europe rose rapidly following the US\u2013Israel strike on Iran and peaked shortly afterwards\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Fuel prices in Europe: Before Iran war versus after the ceasefire<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2888134-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2888134\" data-cid=\"9731527\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888134-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/63\/90\/48\/320x180_cmsv2_8af9e424-554c-514e-9ba2-2e63f35ac066-9639048.jpg\" loading=\"lazy\" alt=\"A person poses with euro banknotes withdrawn from an ATM in Sofia, Thursday, Jan. 1, 2026, as the country joins the euro currency union. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe\u2019s wage growth since 2020: Are Europeans better off?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article 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alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2888672-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2888672\" data-cid=\"9734539\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888672-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/45\/39\/480x270_cmsv2_5d7b3cc5-aa4d-58cc-b4b3-841cf024f33a-9734539.jpg\" loading=\"lazy\" alt=\"President of the European Central Bank, Christine Lagarde, addresses the media during a press conference in Frankfurt, Germany, 19 March 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    ECB rate dilemma: Eurozone growth stalls as Iran war 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content\">\n<figure id=\"abe-2888672-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/45\/39\/320x180_cmsv2_5d7b3cc5-aa4d-58cc-b4b3-841cf024f33a-9734539.jpg\" loading=\"lazy\" alt=\"President of the European Central Bank, Christine Lagarde, addresses the media during a press conference in Frankfurt, Germany, 19 March 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    ECB rate dilemma: Eurozone growth stalls as Iran war fuels inflation<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2888646-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2888646\" data-cid=\"9734366\" data-part-label=\"Partner content\">\n<figure id=\"abe-2888646-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/73\/43\/66\/320x180_cmsv2_1f5a4ab4-1ea5-5c3b-a3ff-9d1fa6e2afde-9734366.jpg\" loading=\"lazy\" alt=\"FILE. A sign mark's the entrance to Intel's Hawthorne Farm Campus in Hillsboro, Oregon, Jul. 2010\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Intel shares soar 20% as AI demand fuels first quarter earnings beat<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2888278-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2888278\" data-cid=\"9732334\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Richest countries in 2026: France and Germany fail to make the top 10<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2888134-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2888134\" data-cid=\"9731527\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe\u2019s wage growth since 2020: Are Europeans better off?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2888471-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2888471\" data-cid=\"9733375\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Fuel prices in Europe: Before Iran war versus after the ceasefire<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2872274-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2872274\" data-cid=\"9659165\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe\u2019s wealth divide: Where are adults richest and poorest?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2888301-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2888301\" data-cid=\"9732423\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Tesla profits up as Musk shifts focus to robotaxis<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">The announcement by Sen. Thom Tillis of North Carolina removes a big hurdle to Trump&#8217;s effort to install Kevin Warsh, a former high-ranking Fed official, in the job in place of Jerome Powell, long under White House pressure to lower interest rates. Tillis&#8217; opposition was enough to stall the nomination in the GOP-controlled Senate Banking Committee as Powell neared the scheduled end of his term on 15 May.\u201cI am prepared to move on with the confirmation of Mr. Warsh. I think he\u2019s going to be a great Fed chair,\u201d Tillis told NBC\u2019s \u201cMeet the Press,\u201d two days after the US attorney for the District of Columbia said her office\u2019s investigation of the Fed\u2019s multibillion-dollar building renovations was over. Powell&#8217;s brief congressional testimony last summer about that work was also under review.The Fed&#8217;s internal watchdog is scrutinising a project, now at $2.5 billion (roughly \u20ac2.13bn) after earlier estimates had put it at $1.9 billion (around \u20ac1.62bn), that the Republican president has criticised for cost overruns. Powell had asked in July for the inspector general&#8217;s review.\u201cI believe that there will not be any wrongdoing. Maybe we find a little stupid here in terms of somebody responsible for the project making a decision they shouldn&#8217;t? Maybe. But it doesn\u2019t rise to a criminal prosecution. That was my problem to begin with because I feel like there were prosecutors in DC that thought this was going to be a lever to have Mr. Powell leave early,&#8221; he said.Tillis, who infuriated Trump in June for opposing his big tax and spending cuts bill over Medicaid reductions and then announced he would not seek reelection in 2026, added that he had received assurances from the Justice Department that \u201cthe case is completely and fully settled \u2026 and that the only way an investigation would be opened would be a criminal referral from one of the most respect inspector generals.\u201dImportant week for Fed leadershipThe committee on Saturday said it planned to vote Wednesday on Warsh&#8217;s nomination. The ranking Democrat, Massachusetts Sen. Elizabeth Warren, responded with a statement that &#8220;no Republican claiming to care about Fed independence should support moving forward the nomination of Kevin Warsh, who proved in his nomination hearing to be nothing more than President Trump\u2019s sock puppet.\u201dAlso Wednesday, Fed policymakers will meet and are expected to keep their key interest rate unchanged for the third straight meeting, shrugging off Trump&#8217;s demands for a cut. At a news conference, Powell could indicate whether he will remain on the Fed&#8217;s board of governors after his term as chair ends, an unusual but not completely unprecedented step that would deny Trump the opportunity to fill another seat on the seven-member board. Powell&#8217;s term as a governor lasts until January 2028.At a hearing last week, Warsh told senators he never promised the White House that he would cut interest rates and pledged to be \u201can independent actor\u201d if confirmed as chair. Hours before that, Trump had been asked in a CNBC interview whether he would be disappointed if Warsh did not immediately cut rates. \u201cI would,\u201d the president said.Without the constraints of a political campaign, Tillis has spoken out forcefully about Powell, decrying the inquiry by US Attorney Jeanine Pirro, a longtime Trump ally, as a \u201cvindictive prosecution\u201d and suggested it threatened the Fed\u2019s longtime independence from day-to-day politics. Tillis told NBC that he had gotten assurances from the Justice Department that he needed &#8220;to feel like they were not using DOJ as a weapon to threaten the independence of the Fed. So this will allow Mr. Warsh to move on with his confirmation.\u201dOn Saturday, Trump was asked by reporters whether there was now smooth sailing for Warsh with the end of the Justice Department&#8217;s investigation. \u201cI imagine it&#8217;s smooth,\u201d Trump said, adding that his nominee \u201cis going to be fantastic.\u201d The president said he still wanted to find out \u201chow can a building of that size cost &#8230; whatever it\u2019s going to be.\u201dTrump visited the Fed building in July and, in front of television cameras, said the renovations would run $3.1 billion (\u20ac2.64bn). Powell, standing next to him, said after looking at a paper presented to him by Trump, that the president&#8217;s latest price tag was incorrect.Justice Department pursues Trump adversariesThe investigation was among several undertaken by the Justice Department into Trump\u2019s percieved adversaries. For months it had failed to gain traction as prosecutors struggled to articulate a basis to suspect criminal conduct. Other efforts by the department to prosecute Trump\u2019s adversaries, including New York state Attorney General Letitia James, a Democrat, and former FBI Director James Comey, have also been unsuccessful.Last month, a federal judge quashed Justice Department subpoenas issued to the Fed in the investigation, describing their purpose as \u201cto harass and pressure Powell to resign\u201d and open the path for a new chair. A prosecutor handling the Powell case had acknowledged at a closed-door court hearing that the government had not found any evidence of a crime.Pirro said Friday on X that she \u201cwill not hesitate to restart a criminal investigation should the facts warrant doing so.\u201d The acting attorney general, Todd Blanche, told NBC on Sunday that \u201dthere is no doubt that we will investigate&#8221; if the inspector general finds evidence of criminal conduct.Warsh is a financier and former member of the Fed\u2019s board of governors. Trump nominated him in January.<\/div>\n<p>[analyse_source url=&#8221;http:\/\/www.euronews.com\/business\/2026\/04\/27\/key-us-senator-lifts-block-on-fed-chair-nominee-kevin-warsh&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/73\/67\/27\/1200x675_cmsv2_da80fa26-efcc-5b21-b99c-417dac8a6f3c-9736727.jpg&#8221;] World News At least 16 killed in Russia&#8217;s war on Ukraine on Chernobyl anniversary Nature Take a barefoot hike in Germany&#8217;s &#8216;park with all senses&#8217; Health news Stress during pregnancy? Early skills may help children cope Destinations Europe\u2019s best destinations for cycling holidays in 2026 World News At least 16 killed in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-1904498","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1904498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1904498"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1904498\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1904498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1904498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1904498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}