Democratic Senate Win Limits Trump’s Influence Over FedDemocratic Senate Victory Checks Trump’s Pressure on the FedDemocratic Senate Control Puts Warsh and Fed Policy Under Pressure
Democrats won control of the U.S. Senate in the November 3 midterms, strengthening their ability to block President Donald Trump’s Federal Reserve nominees and increasing scrutiny of Chair Kevin Warsh.Democrats won control of the Senate in the November 3 midterms, giving them new leverage to block Trump’s Fed nominees and defend the central bank’s independence.Democrats’ November 3 Senate victory gives them power to block Trump’s Fed nominees and places Warsh before a more adversarial oversight committee.