US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
Source: US news | The Guardian · Bias: Center Left
Summary
Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower ratesThe US Senate confirmed Kevin Warsh as chair of the Federal Reserve, one of the most powerful roles in the federal government that holds enormous sway over the economy.The 54-45 Senate vote on Wednesday was split along party lines, with the exception of the Democratic senator John Fetterman from Pennsylvania, who joined the Republican majority. It was most divisive confirmation vote for the position in history. Continue reading...
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Daily Analysis
Read the full Parallax Pulse for May 13, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
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