Fed Nominee Kevin Warsh Confirmation Hearing Expected Week of April 13

The Senate Banking Committee is targeting the week of April 13 for Kevin Warsh confirmation hearing as Federal Reserve chair, citing two sources familiar with the matter. The timeline puts Warsh on a direct path to replace Jerome Powell before his May 15 term expiration – and it puts a known rate hawk one confirmation vote away from the world’s most influential monetary policy seat. For crypto traders, th…