Politics1/30/2026•Bloomberg
Powell Investigation a 'Distraction' That Could Delay Warsh Confirmation, Says French Hill
Representative French Hill expressed concerns that the ongoing investigation into Federal Reserve chair Jerome Powell could delay the confirmation of Kevin Warsh as the next Fed chair, which is part of President Trump's economic agenda. Hill hopes the Department of Justice can quickly review the data and make a decision on whether to pursue a further investigation of Powell, as he believes this issue is a "distraction" that could impact the administration's priorities. The Republican representative also expects Powell to appear before his committee for the Fed chair's semi-annual testimony, which had been uncertain due to the investigation.
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