Fed Chair Pick Kevin Warsh Wins Key Senate Committee Vote
From Bloomberg Intelligence by Bloomberg
April 29, 2026 · 10 min
About this episode
The episode discusses Kevin Warsh's Senate Banking Committee vote and the implications of AI on software stocks.
Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu - Enda Curran, Bloomberg Fed and Economy Reporter, discusses Kevin Warsh winning the backing of the Senate Banking Committee on a 13-11 party-line vote to be the next chair of the Federal Reserve. Warsh's nomination had been held up by Senator Thom Tillis until the Department of Justice agreed to drop a criminal probe into cost overruns in a renovation of the Fed's Washington headquarters. -Niraj Patel, Bloomberg Intelligence Senior Software Analyst, discusses research on how AI is impacting software stocks. According to Bloomberg Intelligence: AI shocks are rippling through application-software stocks, and our analysis suggests demand disruptions in the $700 billion app-software market are set to deepen as AI-agent development accelerates. See omnystudio.com/listener for privacy information.
People in this episode
Hosts: Paul Sweeney, Scarlet Fu
Guests: Enda Curran, Niraj Patel
Topics covered
- Federal Reserve
- Senate Banking Committee
- AI impact on software
- Kevin Warsh
- economic policy
Keywords
- Kevin Warsh
- Federal Reserve
- Senate vote
- AI
- software stocks
- Bloomberg Intelligence
- economic policy
Mentioned in this episode
Organizations: Bloomberg, Department of Justice, Bloomberg Intelligence, Senate Banking Committee
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