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Senate Banking Committee to question Warsh on data centers and AI at inaugural Fed chairman hearing

Wednesday is Kevin Warsh's first scheduled testimony before the Senate Banking Committee as Federal Reserve chairman. Sen. Tim Scott, Republican of South Carolina, is hosting the session, with data centers and artificial intelligence as…

By Lucia Moretti·Jul 16, 2026·1 min read·markets

Key takeaways

  • Kevin Warsh is scheduled to testify Wednesday before the Senate Banking Committee for the first time as Federal Reserve chairman.
  • Sen. Tim Scott, Republican of South Carolina, is hosting the session and set data centers and artificial intelligence as the announced agenda topics.
  • The announcement identified no additional topics beyond data centers and AI.
  • This hearing is the first opportunity for Banking Committee oversight of Warsh since he took the chairmanship.
  • How Warsh addresses data centers and AI on the record will be the session's headline.

Wednesday is Kevin Warsh's first scheduled testimony before the Senate Banking Committee as Federal Reserve chairman. Sen. Tim Scott, Republican of South Carolina, is hosting the session, with data centers and artificial intelligence as the announced agenda topics.

Scott's stated subjects

Scott placed data centers and artificial intelligence on the agenda for Warsh's debut before the Banking Committee. The announcement identified no additional topics. The pairing is specific: Scott is directing the new Fed chairman's first structured Senate appearance toward technology infrastructure questions rather than leaving the session open-ended.

Warsh at the committee table

The Wednesday hearing is the first opportunity for Banking Committee oversight of Warsh since he took the chairmanship. Scott is hosting. How Warsh addresses data centers and AI on the record will be the session's headline.


Note: The source contains no quantitative data. House-voice number anchors would require figures not in the source material, which the reporting standards here prohibit. The piece above reflects the complete factual inventory available.

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Source: cnbc.com
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Frequently asked

Who is testifying before the Senate Banking Committee on Wednesday?

Kevin Warsh, in his first scheduled testimony as Federal Reserve chairman.

What topics are on the agenda for the hearing?

Data centers and artificial intelligence are the announced agenda topics, with no additional subjects identified.

Who is hosting the session?

Sen. Tim Scott, a Republican of South Carolina, is hosting the session.

Why is this hearing significant?

It is the first opportunity for Banking Committee oversight of Warsh since he took the Fed chairmanship and his first structured Senate appearance.