President Donald Trump WINS By Just 2 Votes After Last-Minute Drama - Livid Democrats Rage After Trump's Fed Chair Pick Move...
The Senate Banking Committee voted along party lines Wednesday to approve Kevin Warsh as the next chair of the Federal Reserve, positioning him to replace current chair Jerome Powell. The vote was 13-11, with all Republican senators supporting the nomination and Democrats voting against it.
Warsh previously served as a top Fed official but has also sharply criticized the institution and Jerome Powell’s leadership. He has argued that the inflation surge to 9.1% in 2022 marked the central bank’s biggest policy mistake in four decades.
A full Senate vote is not expected until next month, though he could be confirmed before Powell’s term as chair ends May 15, the Associated Press reported.
The committee vote was the first of two major developments involving the Fed’s leadership this week. Also Wednesday, Jerome Powell was set to preside over what could be his final meeting of the Fed’s rate-setting committee as chair. During an afternoon news conference, Powell signaled he would take the virtually unprecedented step of remaining on the central bank’s Board of Governors after his term expires.
By staying on the Board, Powell deprives the incoming administration of the opportunity to name a new member. Treasury Secretary Scott Bessent criticized Powell’s decision in an interview with Fox Business host and former first-term Trump economist Larry Kudlow.
“It is unusual for soon-to-be-former Fed Chair Jay Powell to stay on at the @federalreserve. For someone who speaks so often of norms, his unilateral decision to stay flies in the face of tradition,” Bessent posted on the X platform along with a video clip of his interview.
“Kevin Warsh will bring about a new day at the Fed, with accountability, management, and sound policymaking in the lead,” he added.
Sen. Tim Scott, a South Carolina Republican and chair of the Banking Committee, praised Warsh as “battle tested” and added that “It is incredibly important that we break the bind of Bidenomics on households across this nation.”
The vote came the same day Powell and the Fed decided to leave interest rates at their current 3.6 percent level, once again defying calls for a lower rate.
In March, a federal judge blocked the Justice Department’s effort to issue grand jury subpoenas targeting the Federal Reserve Board. The judge concluded the move appeared to be an attempt to pressure Powell.
U.S. District Judge James Boasberg, who has issued a number of rulings against the Trump administration, made the determination in a newly unsealed ruling. He said prosecutors failed to present evidence that Powell committed any crime.
Boasberg wrote that the subpoenas appeared to serve an improper purpose. He suggested the effort was intended to pressure Powell into lowering interest rates or stepping down.
“Did prosecutors issue those subpoenas for a proper purpose? The Court finds that they did not. There is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and make way for a Fed Chair who will,” he wrote.
The dispute stems from a criminal inquiry opened earlier this year by U.S. Attorney for Washington, D.C., Jeanine Pirro. The investigation focused on Powell’s June 2025 testimony before the Senate Banking Committee.
That testimony centered on the Federal Reserve’s long-running renovation project at its headquarters in Washington, D.C. Powell disclosed the existence of the investigation in January and described it as an attack on the central bank’s independence.
Pirro responded Friday by announcing that the Justice Department will appeal the ruling. She accused Boasberg of interfering with the legal process.
“This process has been arbitrarily undermined by an activist judge,” Pirro said, arguing further that the ruling improperly blocked prosecutors from pursuing the case.
The developments reflect ongoing tensions over the future direction of monetary policy and the independence of the Federal Reserve as the new administration prepares to take office. The committee’s approval of Warsh marks a key step in reshaping leadership at the central bank, with Republicans emphasizing the need for greater accountability and a shift away from policies they associate with the previous administration’s economic challenges.
Lisa Kennedy recently married Fred in Hawaii: Who is the Fox News star’s new husband?
Lisa Kennedy recently married Fred in Hawaii: Who is the Fox News star’s new husband?
Fox News personality Lisa “Kennedy” Montgomery has entered a new chapter in her personal life after marrying Fred in a beautiful outdoor ceremony in Hawaii.
Kennedy shared photographs from the celebration at the Four Seasons Resort Lanai, giving followers a glimpse of the man she now calls her husband and the friends who joined them for the occasion.
“Married the love of my life at the Four Seasons Lanai in a Heidi Merrick dress drenched in sunshine and aloha,” Kennedy wrote. “I love you forever, Fred!!”
While Kennedy has been open about how much Fred means to her, she has kept many details about her new husband firmly outside the public spotlight.
Kennedy and Fred celebrate their marriage in Hawaii
The couple exchanged vows during an outdoor ceremony overlooking the Pacific Ocean.
Kennedy wore a sparkling white Heidi Merrick gown with a fitted silhouette, completing her bridal look with a veil and colorful tropical bouquet. Fred wore a light-blue suit with a white shirt, light-colored tie and brown shoes. The newlyweds also wore traditional Hawaiian leis.
Photographs showed Kennedy and Fred walking hand in hand as guests applauded, with the bride raising her bouquet in celebration. Another captured them cutting their multi-tiered wedding cake against a backdrop of palm trees, ocean views and the evening sky.
The wedding announcement became a major moment among Kennedy’s followers, receiving more than 154,000 likes and nearly 2,000 comments.
Several familiar Fox News personalities were also part of the celebration. Emily Compagno, Abby Hornacek and Alexis McAdams were among the recognizable guests photographed in Hawaii.
Emily later wrote that they had the “best time celebrating Kennedy and Fred’s marriage,” adding, “The Fox family showed up for our favorite girl.”
Who is Kennedy’s husband, Fred?
Despite the attention surrounding their wedding, Fred remains largely a private figure.
Based on what Kennedy has publicly shared, his surname, profession and detailed background have not been revealed. Even when announcing her marriage, Kennedy continued referring to her husband simply as Fred.
What she has shared, however, offers some insight into how unexpectedly their relationship entered her life.
Lisa Kennedy and her new husband Fred / Youtube
Kennedy discussed Fred publicly when announcing their engagement on The Five in December 2025. She revealed that he had proposed on December 10 and said the two had met recently and “unexpectedly.”
During the emotional on-air conversation, Kennedy described the impact their meeting had on her life.
“He is the most beautiful, wonderful human being,” she said. “And I had totally given up until those elevator doors opened and I met him out of the blue — he changed my life.”
Kennedy has not provided additional details about exactly where that first meeting occurred or the circumstances surrounding it.
Their relationship began before the public announcement
Although viewers did not learn about the engagement until December 2025, Kennedy revealed another detail suggesting Fred had quietly been part of her life for some time.
She told her The Five colleagues that she had secretly brought him to the Fox Christmas party the previous year.
“I snuck him in. Don’t tell security,” Kennedy joked during the conversation.
That revelation indicated the couple had already been seeing each other by at least December 2024, even though Kennedy had kept the relationship away from public attention.
Dana Perino was among those particularly moved by the engagement news.
Perino recalled learning about it while Kennedy was appearing on America’s Newsroom, telling her colleague that the announcement had made her cry.
“And Fred is such a wonderful guy,” Perino said before telling Kennedy, “I cried because I’m so happy for you.”
From a private romance to a Hawaiian wedding
Kennedy continued keeping Fred’s personal details private even as she became more open about their relationship.
That approach remained evident at their wedding. While she shared numerous photographs of their special day and publicly expressed her love for her new husband, she did not use the occasion to reveal his surname, career or other biographical information.
Instead, Kennedy kept the attention on their marriage and the happiness surrounding it.
The couple received congratulations from numerous familiar names, including Kat Timpf, Janice Dean, Sandra Smith, Griff Jenkins, Abby Hornacek and Meghan McCain.
For followers who had watched Kennedy announce her engagement months earlier, the Hawaiian ceremony provided the next chapter in a relationship that had largely developed outside the public eye.
What is publicly known about Fred remains limited, but Kennedy has made one thing unmistakably clear: she considers him the man who unexpectedly entered her life, changed it and ultimately became her husband.
From secretly attending a Fox Christmas party together to an emotional engagement announcement and finally exchanging vows beside the Pacific Ocean, Kennedy and Fred have now made their commitment official — while continuing to keep much of their story between themselves.
