Bloomberg Politics

Senate Confirms Warsh to Lead Fed as Trump Tests Its Autonomy

May 13, 2026Center

The Senate narrowly confirmed Kevin Warsh as chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.

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'Demon in human skin!' Fox News host loses it as Dem threatens to upend Texas Senate race

A Fox News host uncorked a bizarre on-air tirade against Democratic Senate candidate James Talarico, calling him a "demon in human skin."Emily Compagno appeared to lose her composure on Friday's edition of "Outnumbered" while discussing Talarico, a 37-year-old state representative now in a statistical tie with embattled Republican nominee Ken Paxton. Compagno was reacting to a conservative PAC attack ad featuring Talarico calling the American flag a "complicated" symbol for many Americans."Every single voter [in Texas] needs to understand exactly who they would vote into office, which is an anti-business, anti-commerce, anti-capitalist, anti-Texas Texan," Compagno railed.She then escalated sharply."This person is a demon in human skin, and they need to make sure he does not go anywhere — to the nation's capital, where he can actually do some real damage other than his horrible words that he keeps spewing," she said.A Talarico spokesman responded that the campaign could confirm the candidate is "in fact a human, and not a demon in human skin."The outburst lands as the race tightens into a genuine toss-up. A New York Times/Siena survey released Monday found Paxton and Talarico deadlocked at 47 percent among likely voters, with Talarico leading 58-31 among independents and 61-29 among Hispanic voters.Paxton defeated four-term Sen. John Cornyn in a May 26 primary runoff after President Donald Trump threw his backing to the state's scandal-plagued attorney general. Paxton was impeached by the Texas House in 2023 before being acquitted by the state Senate, and he has faced years of criminal securities fraud allegations and accusations of abusing his office.Trump himself has appeared unsettled by Talarico's rise. In a Truth Social post after the runoff, the president refused to use the Democrat's name, instead branding him "Alfred E. Neuman" and "the worst TEXAS candidate I have ever seen."On "Outnumbered," Compagno added that Talarico's past remarks were "patently disqualifying for any American senator."Compagno on Talarico: This person is a demon in human skin pic.twitter.com/BM5nohCvxT— Acyn (@Acyn) July 3, 2026

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