Warsh takes the Fed helm amid inflation challenges
TL;DR Summary
The US Senate confirmed Kevin Warsh 54-45 to chair the Federal Reserve, succeeding Jerome Powell. Warsh, a former Fed governor and Trump pick, will lead the central bank as inflation rebounds and policy paths spark debate, and has pledged to divest assets before taking office as Powell’s term ends.
- Senate confirms Kevin Warsh to succeed Jay Powell as Fed chair Financial Times
- Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell CNN
- The Economy That Kevin Warsh, the Federal Reserve’s New Chair, Is Inheriting The New York Times
- Warsh clinches Senate approval to be Fed’s next chair as inflation intensifies NBC News
- Senate confirms new Fed chair as Trump allies warn rate cuts may have to wait The Washington Post
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