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Warsh cleared for 14-year Fed term as Powell succession looms

1 min read
Source: The Guardian
Warsh cleared for 14-year Fed term as Powell succession looms
Photo: The Guardian
TL;DR

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.

Topics:businesseconomy#economy#fed#powell#senate#warsh
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  1. Senate confirms Kevin Warsh to 14-year-term as Federal Reserve governor – US politics live  The Guardian
  2. Senate confirms Kevin Warsh as Fed governor, clears way for chair vote  CNBC
  3. Kevin Warsh Confirmed as Fed Gov, Chair Vote Expected This Week  Barron's
  4. Fed chair nominee Warsh clears hurdle on path to Senate confirmation  Reuters
  5. Why Kevin Warsh might still prove to be an independent Federal Reserve chair  The Conversation

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