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Chairman Scott Talks Confirming Kevin Warsh as Fed Chair and Gives a Crypto Market Structure Update, Apr. 14, 2026

April 14, 2026 · U.S. Senate Banking Committee GOP · 0:11:20

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

The interview began with the host reporting, as she stated it, that Kevin Warsh had cleared a financial disclosure hurdle by submitting required paperwork to the Senate, and that Senator Thom Tillis had said he would not confirm Warsh until a criminal investigation into Chair Jerome Powell is dropped. Chairman Tim Scott said, as he stated it, that he expected Tillis to drop the pushback, describing a two-step process: a hearing with Warsh present the following week — news he said he was breaking on the program — covering the economy, price stability, inflation, and the independence of the Fed, followed later by a vote on Warsh.

Scott said, as he stated it, that he believes the Department of Justice will finish and wrap up the Powell investigation in the next several weeks, that Tillis will then be a yes on Warsh, and that Warsh will be in office in the next several weeks, while acknowledging, as he stated it, that he had no evidence that the President would drop the investigation. He also discussed bank capital, saying, as he stated it, that capital on the sidelines rises every year and that, in his account of Vice Chair Michelle Bowman’s proposals, capital has reached a level able to withstand another 2008 crisis, so more of it should become active in the economy for business borrowers and first-time home buyers, as he stated it.

The segment’s title also promises a crypto market structure update from the chairman. Kevin Warsh does not speak in the clip; he is its central subject as the President’s nominee for Federal Reserve chair, as discussed by the chairman of the committee handling the nomination.

Why it matters

The Warsh nomination is the central fight over the Federal Reserve’s future, and the Banking chairman used this interview to announce the hearing and to predict the Powell investigation’s end — a timeline the confirmation record will confirm or contradict.

Scoreboard watch

Chairman Scott’s dated predictions in this interview — a Warsh hearing the following week, the Justice Department wrapping up the Powell investigation within several weeks, and Warsh in office within several weeks, all as he stated them on April 14, 2026 — are checkable against the confirmation record. Flagged as scoreboard candidates for the editor; no verdict is published from this page.

Sources: U.S. Senate Banking Committee GOP, “Chairman Scott Talks Confirming Kevin Warsh as Fed Chair, Gives Crypto Market Structure Update”, 2026-04-14 (official upload, embedded above; published 2026-04-14). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.