Trump’s Fed Nominee To Face Senate Panel

WASHINGTON (AP) — Kevin Warsh is taking another step toward his decade-long goal of winning the top job at the Federal Reserve by appearing at a hearing before the Senate Banking Committee on Tuesday. But the role that he may eventually assume could turn out vastly different than what he expected. Warsh, a former top official at the Fed and a wealthy investor, will likely face a range of tough questions at the hearing. Democrats on the committee have already signaled they will press him about what they argue is a lack of transparency regarding some of his vast financial holdings. And it’s not clear when the committee may even be able to vote on his nomination.