Senate confirms Warsh for seat on Fed Board, clearing path to become chair

Source: Politico

“The Senate confirmed Kevin Warsh’s nomination to a 14-year term on the Federal Reserve’s Board of Governors on Tuesday, teeing up a final vote to make the ally of President Donald Trump the central bank’s next chair. The 51-45 vote was largely along party lines, with Sen. John Fetterman of Pennsylvania the only Democrat to vote in favor of Warsh, a former Fed governor and Wall Street banker. Warsh’s nomination to be the central bank’s chair for a four-year term requires a separate Senate vote, which is expected as soon as Wednesday.” (05/11/26)

https://www.politico.com/news/2026/05/12/senate-warsh-fed-board-chair-trump-00915835