Fed chair confirmed 54–45 as partisan Senate split looms
Fed chair Warsh won Senate confirmation 54–45 amid a stark partisan split, signaling a contentious start as Powell’s term concludes this week.
13 May 2026
Fed chair Warsh won Senate confirmation 54–45 amid a stark partisan split, signaling a contentious start as Powell’s term concludes this week.
Fed Chair nominee may link balance sheet size to interest rates, potentially lowering them.
Kevin Warsh's Fed chair nomination moves to Senate, signaling a potential leadership and policy shift at the central bank.
Fed nominee Kevin Warsh’s April 16 hearing was postponed after a paperwork deadline was missed, as a GOP senator also threatens to block confirmation.