Bessent suggests Warsh nomination hearings alongside Powell probe

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A senator has threatened to block the confirmation process of the new Fed chair, citing an ongoing DOJ investigation into current Fed chair Jerome Powell.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The Fed chair confirmation faces a key hurdle as a senator vows to block the process until a DOJ investigation into Jerome Powell is resolved.

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Original article published by CoinTelegraph on February 9, 2026.
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