Kevin Warsh's nomination to serve as the next Federal Reserve chair took a big step forward on Wednesday after a key committee voted to advance his nomination after a senator lifted his opposition.Members of the Senate Banking Committee voted 13-11 to send Warsh's nomination to the full Senate for a confirmation vote that could occur soon.Warsh, a former Federal Reserve governor who served at the central bank from 2006 to 2011, was nominated to succeed current Fed Chair Jerome Powell, whose term as chairman ends on May 15, 2026.The nomination was held up after Sen. Thom Tillis, R-N.C., vowed t...
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