Live updates: Trump makes his Fed choice; Senate hits snag in reaching funding deal

Thehill
2026.01.30 13:13
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President Trump has nominated Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve, praising him as potentially one of the best Fed Chairmen. Meanwhile, the Senate faces a partial government shutdown due to a hold placed by Sen. Lindsey Graham on a funding package, which includes a stopgap measure for the Department of Homeland Security. The Senate will reconvene to address the funding issues, while Trump has scheduled an executive order signing and a policy meeting for the day.