New Delhi, March 30 -- The Senate Banking Committee is preparing to convene a confirmation hearing for Federal Reserve chair nominee Kevin Warsh as early as the week of April 13, according to Punchbowl News, setting the stage for a consequential debate over the future direction of US monetary policy amid mounting economic uncertainty.

Plans for the hearing come after weeks of political friction that have stalled Kevin Warsh's nomination in the Senate. The delay has left current Federal Reserve chair Jerome Powell in position, even as President Donald Trump continues to press for a successor more inclined towards faster interest rate cuts.

The nomination has become a focal point in Washington DC's broader economic debate, with lawmakers ...