Tim Scott predicts 'near unanimous' GOP support for Trump's Fed chair pick Kevin Warsh ahead of hearing [FOX Business Network]
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Source: FOX Business Network
FIRST ON FOX: Senate Banking Committee Chairman Tim Scott, R-SC, said he expects Federal Reserve Chairman candidate Kevin Warsh to successfully move through the Senate confirmation process, despite opposition from Democrats in the higher chamber. Warsh was nominated by President Donald Trump in January to chair the Federal Reserve Board of Governors to replace outgoing Chairman Jerome Powell. "I think Kevin is a fantastic person and a very strong pick," Scott told Fox News Digital during a phone call. "I've known Kevin for a number of years now. He's one of my favorites in the world of economics. I think he's going to do a great job tomorrow. Frankly, every Democrat and every Republican on the committee should support him." Warsh will sit before Scott's committee on Tuesday for a hearing where Scott says Democrats will likely target Warsh's financial disclosures, which has delayed the hearing. "With the Democrats, I would imagine you'll see a lot of hand-wringing around discl
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