White House confident Warsh will lead Fed in May - Reuters

<a href="https://news.google.com/rss/articles/CBMixAFBVV95cUxOWkxOY09EVTRqSFhtaFB0Zm1UT2VrRi1RWGRsX2FUOXd6cXBUdzd5QUtjc1RPdFg3dEZLYXloX3QwWlQxa2ZaSkVYd2FRSmV3OGhQVzJaSkx2ZURmQ0V0dnNVM1phQU5QYnBQY2ZocXRfa3ZtVllNYlhxbktYNnBCczF6bXpiVnRxTkRneUpHbHlNRjkwNXFhMXlmcWV3OXJoZVp4ZjF0cmpHN290Q21IT3JMQlJ6UURhN3ZKWGZOZ2pMUlVF?oc=5" target="_blank">White House confident Warsh will lead Fed in May</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Federal Reserve Bank of New York President John Williams stated that Jerome Powell will remain in charge of the Federal Open Market Committee even if Kevin Warsh is not confirmed as the new Fed leader by next month.

The U.S. Senate Banking Committee has scheduled a confirmation hearing for Kevin Warsh on May 16, but a single Republican senator's opposition could impede his confirmation as the next Fed chair.

A single Republican senator's opposition could derail Kevin Warsh's confirmation as the next Fed chair, with the Senate Banking Committee's composition leaving little margin for error.

The Gulf conflict has created economic challenges that may complicate Kevin Warsh's potential tenure as Fed chair, especially concerning inflation and interest rate decisions.