Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him on the central bank Board of Governors.
The upper chamber voted to approve Warsh’s nomination by a 51-45 vote, on a mostly party-line basis. Only Sen. John Fetterman, D-Pa., crossed lines to vote for President Donald Trump’s pick.
Next up for the nominee, who sat on the board from 2006 to 2011, is the vote to be chair, which is expected Wednesday.
Terms for governors last 14 years, while the chair’s term goes for four years.
Warsh’s vote also means the end of Stephen Miran’s brief term on the board. Miran also was a Trump nominee and filled the seat vacated by Adriana Kugler, who resigned in August 2025.
