US Senator Warren criticises Trump's nomination of Former Fed Governor Warsh as the new Fed Chair; says no Republican should agree to move forward until Trump stops Fed probe

US Senator Warren criticises Trump's nomination of Former Fed Governor Warsh as the new Fed Chair; says no Republican should agree to move forward until Trump stops Fed probe.

Senator Warren's criticism of Trump's nomination for Fed Chair highlights significant political friction that could impact regulatory stability at the Federal Reserve. This move raises questions about the Fed's independence and could influence market sentiment across assets, particularly USD and equities, depending on how it shapes perceptions of future monetary policy responses.