Kevin Warsh confirmed as Federal Reserve chair

May 13, 2026 - 18:01
Kevin Warsh confirmed as Federal Reserve chair
The Senate on Wednesday voted to confirm Kevin Warsh to succeed Jerome Powell as the next chairman of the Federal Reserve, setting the stage for new leadership at the powerful central bank, which faces pivotal decisions ahead on monetary policy. Centrist Sen. John Fetterman (D-Pa.) was the only Democrat to vote for Warsh, who previously...