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WSJ Minute Briefing

Kevin Warsh Is Now One Step Closer to Being the Next Fed Chair

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 29 April 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: The Supreme Court curbs the use of race to redraw congressional maps. And the families of seven mass shooting victims are suing OpenAI for negligence. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Here's your midday brief for Wednesday, April 29th. I'm Alex Ocelah for the Wall Street Journal.

0:09.3

The Senate Banking Committee has advanced Kevin Warsh's nomination to lead the Federal Reserve.

0:14.4

That clears the way for a vote in the full Senate. Warsh is now on track to be confirmed in time to lead the Fed's next meeting in June.

0:21.7

The committee's vote was along party lines, with all 13 Republicans supporting Warsh.

0:26.1

The 11 Democrats voted against his nomination.

0:29.1

Speaking of the Fed, its April policy decision is due at 2 p.m. today.

0:33.4

The Supreme Court today made it harder to use race to draw voting districts.

0:37.9

The 6 to 3 decision further weakens the Voting Rights Act.

0:41.5

It calls into question the viability of dozens of majority black, majority Hispanic, and majority

0:46.2

Asian voting districts.

0:47.9

And the decision could prompt some states to try to redo their congressional maps before

0:51.9

this year's midterm elections.

0:53.7

If that happens,

0:54.5

we might see the end of some safe Democratic congressional seats. Instead, there might be more districts

0:59.6

that lean Republican. And families of seven victims in a mass shooting in the Canadian town of

1:05.5

Tumblr Ridge, British Columbia, are suing Open AI for negligence. The lawsuits allege the company failed to notify police

1:12.5

of the suspect's chat GPT activity months before the February attack that killed eight people.

1:17.8

OpenAI says it has improved safety protocols. The company would now refer such activity to law

1:22.9

enforcement. Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

1:32.6

We'll have more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

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