[Federal Reserve Chair Nominee Kevin Warsh Questioned on Potential Conflicts of Interest and Independence] Odaily Planet Daily News: Federal Reserve Chair nominee Kevin Warsh faced questioning during the Senate Banking Committee confirmation hearing regarding his financial disclosure exceeding $100 million, potential conflicts of interest, and the independence of the Federal Reserve. Senator Elizabeth Warren raised concerns about whether he might provide special accounts for the Trump family's crypto company or bailouts for Wall Street. Kevin Warsh stated that his holdings include cryptocurrency and AI companies and pledged to divest related assets before taking office if his nomination is approved. Regarding cryptocurrency, Kevin Warsh remarked that digital assets are part of the U.S. financial services sector. Additionally, Kevin Warsh denied that Trump had ever asked him to commit to any specific interest rate decisions. Currently, Jerome Powell's term is set to end on May 15, and Polymarket users predict a 78% probability that Warsh's nomination will be approved by June.