Senate confirms Kevin Warsh to Federal Reserve Board
The Senate confirmed Kevin Warsh as a Fed governor on Tuesday. A vote for the chair post is set for Wednesday as Jerome Powell prepares to step down this Friday.
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The United States Senate confirmed Kevin Warsh to a 14-year Federal Reserve governor term on Tuesday. The Senate is expected to begin the confirmation process for his concurrent four-year term as Fed chair, with a cloture vote scheduled for Wednesday afternoon that will start a countdown toward his approval as the central bank's next leader.
