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1 hour ago

Senate confirms Kevin Warsh as Fed chair as Trump's economic vision comes into focus

The Senate cleared Kevin Warsh on Wednesday to lead the Federal Reserve, ushering in a new era at the central bank under President Donald Trump's nominee.The Senate confirmed Warsh, 54–45, concluding a monthslong search that began last summer for a successor to Federal Reserve Chair Jerome Powell as his term neared its end. The vote was largely along party lines, with only Pennsylvania Democrat Sen. John Fetterman crossing over in support.Earlier in the week, Warsh was confirmed to the Fed’s Board of Governors, a 14-year appointment and a required step before serving as chair. He previously se...

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