Episode Details

This video is a clip from BND: Strategy Room Live Stream on April 25, 2026. The Department of Justice dropped its investigation into Jerome Powell over the cost overruns with the Federal Reserve headquarters project. By dropping the investigation, this should clear the way for Kevin Warsh to be confirmed as the next Federal Reserve chairman. Senator Tom Tillis was holding up the confirmation and would not vote for Warsh until the investigation was dropped. This week Kevin Warsh had his confirmation hearing where he was questioned about his wealth, Fed independence, his thoughts on gauging inflation, the Fed’s mission, management of the balance sheet, interest rates, forward guidance, and the culture at the Fed.