Sen. Scott says committee has votes to advance Kevin Warsh despite expected Democratic scrutiny
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Summary
Sen. Tim Scott said Republicans in the Senate Banking Committee have the votes to advance Kevin Warsh's Fed nomination and that the panel will probe Warsh's economic philosophy; he predicted Democratic members will press Warsh about comments tying him to lower rates.
Sen. Tim Scott said his committee expects to thoroughly question Kevin Warsh, President Trump's nominee to the Federal Reserve, but that Republican members have sufficient votes to move the nomination forward.
"The good news that we have 13 Republicans, 11 Democrats...we have enough votes to get Kevin Warsh across the finish line," Scott said during a televised interview. He noted Warsh previously advanced by voice vote in the Senate and said committee members intend to examine Warsh's economic philosophy.
Scott also predicted Democrats will press Warsh about recent comments and about the nominee's position on interest rates. "Our Democrats are salivating on the committee waiting to ask that question," he said, adding that the committee seeks an independent Fed that still delivers price stability.
Scott described private conversations with Sen. Tom Tillis aimed at addressing concerns and securing additional support; he said negotiations will happen off-camera rather than on television.
The interview did not include responses from Democratic committee members, Warsh, or official committee documents; Scott’s remarks describe expected committee dynamics rather than a final confirmation outcome.