Kevin Warsh’s Fed confirmation faces new delay, key senator says. Here’s why.

A key U.S. senator warned that Kevin Warsh’s confirmation as the next head of the Federal Reserve faces a fresh delay amid a legal setback to the Justice Department’s criminal investigation into current Fed Chair Jerome Powell.

​A key U.S. senator warned that Kevin Warsh’s confirmation as the next head of the Federal Reserve faces a fresh delay amid a legal setback to the Justice Department’s criminal investigation into current Fed Chair Jerome Powell.