Senate Confirms Kevin Warsh as Fed Chair
NYT > Business·May 13, 2026
The Senate has confirmed Kevin Warsh as the new Federal Reserve Chair, replacing Jerome H. Powell. Warsh takes on the role at a time of economic uncertainty and heightened scrutiny of the Fed's independence. His confirmation comes as President Trump's pick to lead the central bank, which is tasked with navigating the country's monetary policy. Warsh's leadership is expected to shape the Fed's response to emerging economic challenges.
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