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Top Senate banking leader reveals whether he will support Trump’s pick to lead the Fed

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4 hours ago

EXCLUSIVE — Senate Banking Committee Chairman Tim Scott, R-S.C., told FOX Business he will push for an "accelerated path to completion" after President Donald Trump told reporters Sunday that the president knows who he will choose to lead the Federal Reserve. The Senate Banking Committee is responsible for reviewing and voting to approve the president’s pick before the candidate goes to the full Senate for confirmation. "We need a Fed chair who puts the American people's priorities above politics," Scott told FOX Business. "We saw with Jay Powell that, with the Biden administration in office,...

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4 hours ago
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