Trump’s Pick Kevin Warsh Confirmed as Fed Chair After Tight Senate Vote

May 14, 2026 - 05:00
Trump’s Pick Kevin Warsh Confirmed as Fed Chair After Tight Senate Vote
The US Senate confirmed Kevin Warsh as Federal Reserve Chair in a 54-45 vote. The margin was the narrowest ever recorded for a Fed chair. Pennsylvania Senator John Fetterman was the only Democrat to vote in favor. Warsh inherits a central bank under direct pressure from President Donald Trump to cut interest rates. Kevin Warsh...

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