Kevin

• 一個參議院委員會準備推進 Trump 的提名人選，而對於 Fed 的獨立性以及 Powell 的未來仍存在疑慮。 • Donald Trump 選定由 Kevin Warsh 領導 Federal Reserve，他預計將在週三通過一個關鍵的程序性門檻，為其在未來幾週接替 Jerome Powell 鋪路；與此同時，白宮正採取前所未有的舉措，試圖掌控這個全球最強大的中央銀行。 • 參議院銀行委員會定於美國東部時間上午 10 點（GMT 1400）投票，將 Warsh 的提名推進至由共和黨控制的參議院全體會議。在北卡羅來納州參議員 Thom Tillis 撤回反對意見後，委員會內的所有 13 位共和黨人預計都將支持 Warsh。此前，Tillis 將美國司法部在週五決定終止對 Powell 的刑事調查視為對 Fed 政治獨立性的威脅。

• Kevin Warsh, President Trump's nominee for Federal Reserve Chair, testifies in his first Senate Banking Committee hearing at 1400 GMT on April 21, 2026, facing questions on Fed independence amid Trump's pressure to cut rates. • Warsh advocates reducing the Fed's balance sheet, conflicting with recent resumption of regular Treasury purchases in December 2025. • The hearing addresses hot topics like Fed autonomy and potential rate cuts, with USD firming after Monday's rally rejection.

Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liabilityOn the face of it, Kevin Warsh looks like an ideal candidate to chair the Federal Reserve, the world’s most important central bank. The 56-year-old Ivy League economist, former Wall Street banker and presidential adviser ticks all the boxes. Unfortunately for Warsh, as he faces what could be a fraught nomination hearing, his biggest backer is also his biggest liability.In his second term, Donald Trump has attacked the Fed in a manner both unprecedented and unseemly. He has called current chair Jerome Powell – whom he also appointed – a “jerk”, “a stubborn MORON”, and repeatedly threatened to fire him. Continue reading...