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News Wire / politics

Kevin Walsh Clears Path For Federal Chair Role

CNA938 Singapore Washington D.C. 61d Impact 5
US Senator Tom Taylor expressed willingness to support Kevin Walsh for Federal Reserve Chair. Walsh is the nominee to replace Jerome Powell when his term concludes next month. The support follows the Department of Justice dropping a criminal investigation into Powell. This development provides Walsh with a clearer path to the position. The investigation's closure removes a hurdle for Walsh's nomination.

Topics

Federal Reserve US Politics

Developing

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Sources · 7 independent

CNA938 Singapore

“US federal chair nominee Kevin Walsh, who now has a clear path to replace Jerome Powell when his term ends next month.”

CNA938 Singapore

“US Senator Tom Taylor said he is willing to support Walsh after the Department of Justice dropped a criminal investigation into Mr. Powell.”

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