Warsh cleared for 14-year Fed term as Powell succession looms
TL;DR Summary
Senators approved Kevin Warsh for a 14-year term on the Federal Reserve Board, paving the way for a possible chair bid as Jerome Powell’s tenure ends; the vote was 51-45 with one Democrat (John Fetterman) crossing party lines. The live blog also covers a Palm Beach field hearing into Jeffrey Epstein’s trafficking crimes, defense spending testimonies, inflation at 3.8% driven by energy costs, and President Trump’s upcoming trip to China for talks with Xi Jinping.
- Senate confirms Kevin Warsh to 14-year-term as Federal Reserve governor – US politics live The Guardian
- Senate confirms Kevin Warsh as Fed governor, clears way for chair vote CNBC
- Kevin Warsh Confirmed as Fed Gov, Chair Vote Expected This Week Barron's
- Fed chair nominee Warsh clears hurdle on path to Senate confirmation Reuters
- Why Kevin Warsh might still prove to be an independent Federal Reserve chair The Conversation
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