The Senate confirmed Kevin Warsh on Wednesday to become chairman of the Federal Reserve for a four-year term. The 54-45 vote concludes the process two days before Fed Chair Jerome Powell’s term ends. The Senate confirmed Warsh on Tuesday to a 14-year term on the board, effective as of Feb. 1, 2026. He fills a board position […]
Congress
Warsh to become Fed chair as pace of inflation accelerates
Kevin Warsh, right, nominee for chairman of the Federal Reserve, talks with Chairman Tim Scott, R-S.C., after his Senate Banking Committee confirmation hearing in the Dirksen Senate Office Building on April 21. (Tom Williams/CQ Roll Call)
Posted May 13, 2026 at 3:44pm
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