Warsh Takes Fed Chair Post, Signals Overhaul of the Central Bank
The Senate confirmed Kevin Warsh as the next chair of the Federal Reserve by a 54-45 vote, positioning him to overhaul the Fed’s decades-old tools and communications amid pressure from President Trump for lower interest rates and a challenging backdrop of rising prices driven by global tensions, with Warsh’s tenure likely to bring a more brittle relationship with Congress than his predecessor Jerome Powell.











