Big trouble! The Federal Reserve Chair power transition hits a snag! CNBC exclusively revealed the latest updates on the hearing for the Fed's new Chair, Kevin Walsh. She stated that the Senate Banking Committee plans to hold the first nomination confirmation hearing for Walsh on April 16. Although the official schedule hasn’t been formally announced, this appointment has already faced clear political resistance. Committee member, Senator Tom Tillis, publicly declared he would refuse to vote. He emphasized that he won’t support Walsh’s appointment until the criminal investigation into the Federal Reserve reaches a final conclusion. Meanwhile, the subpoena issued by Washington D.C.’s Chief Federal Prosecutor for the investigation was once again dismissed by a judge last Friday. The political maneuvering and legal tug-of-war surrounding the Fed’s top power transition have now been fully exposed