Top Democrat calls newly confirmed Fed chair Kevin Warsh a ‘sock puppet’ for Trump - as it happened
Key Points:
- Kevin Warsh was confirmed as chair of the Federal Reserve by a Senate vote of 54-45, with Democrat John Fetterman as the sole member of his party to support the nomination; Warsh will begin his term on May 14, succeeding Jerome Powell.
- Senator Elizabeth Warren criticized Warsh’s confirmation, calling him a "sock puppet" for Donald Trump and expressing concern over Warsh's refusal to acknowledge Trump's 2020 election loss, while also highlighting an ongoing criminal investigation into Powell.
- Republican congressman Mike Lawler reported that William Paul, son of Senator Rand Paul, drunkenly directed antisemitic and anti-gay remarks at him during an incident at a Washington bar, sparking condemnation.
- The Senate narrowly failed for the seventh time to pass a war powers resolution aimed at limiting military action in Iran, with increased bipartisan support but still falling short by one vote.
- Vice-President JD Vance announced a deferral of $1.3 billion in Medicaid reimbursements to California, citing insufficient action against fraud, and highlighted ongoing efforts to audit and enforce Medicaid fraud control units nationwide.