Senate Confirms Kevin Warsh as Next Federal Reserve Chair

Source: NBC News Politics · Bias: Center Left

Summary

The Senate has confirmed President Donald Trump’s nominee Kevin Warsh to lead the Federal Reserve. The vote fell mostly along party lines. Warsh will replace Jerome Powell as chair of the world’s most powerful central bank. Powell plans to remain on the Fed’s board even after his term as chair ends.

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Senate Confirms Kevin Warsh as Next Federal Reserve Chair
NBC News Politics

Senate Confirms Kevin Warsh as Next Federal Reserve Chair

Center Left

The Senate has confirmed President Donald Trump’s nominee Kevin Warsh to lead the Federal Reserve. The vote fell mostly along party lines. Warsh will replace Jerome Powell as chair of the world’s most powerful central bank. Powell plans to remain on the Fed’s board even after his term as chair ends.