In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
The former Fed governor has spent more than a decade publicly challenging the central bank he is now tasked with leading.
The Senate confirmed former finance executive and former Federal Reserve Governor Kevin Warsh as the U.S. central bank’s new chair May 13.
The Senate confirmed Kevin Warsh as the next Federal Reserve chair Wednesday, though he is expected to face an uphill battle ...
Kevin Warsh will succeed Jerome Powell, who has led the Fed since 2018, after a 54-45 vote in Washington, DC.
Warsh won confirmation Wednesday in a vote that largely followed party lines.
The bond market wants Fed chair Kevin Warsh to rein in inflation by increasing benchmark interest rates at the central bank.
3don MSNOpinion
Fed Chair Kevin Warsh sees room to lower interest rates, but President Trump's actions have essentially made rate cuts ...
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