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The Senate Banking Committee will hold a confirmation vote on Wash at 10 p.m. Beijing time on Wednesday evening.
If approved smoothly, it will pave the way for a full Senate confirmation vote during the week of May 11.
And a few hours after the nomination vote process for Wash on Wednesday evening, the Federal Reserve will announce the April Federal Reserve interest rate decision, which is also likely to be Chairman Powell's final press conference.
If Wash's nomination as a Federal Reserve governor is approved, the interim replacement Federal Reserve governor Milan will be replaced, which will also be the last FOMC meeting attended by Milan, who has been pushing for rate cuts.