Kevin Warsh, President Donald Trump's nominee to be next chair of the Federal Reserve, at the end of a Senate Banking Committee confirmation hearing on Capitol Hill in Washington, DC, on April 21, 2026.
Kevin Lamarque/Reuters
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Confirmation hearings for Federal Reserve chairs are usually staid, rubber-stamp affairs. Not this one.

Democrats and one key Republican from the Senate Banking Committee repeatedly attacked President Donald Trump; his pick for Fed chair, Kevin Warsh; and at times, both, in a fiery hearing that included questions about an undisclosed $100 million in investments, accusations of pressure from the White House … and lots of Seinfeld references.