Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.

The Senate has confirmed Kevin Warsh as chairman of the Federal Reserve. The vote to confirm Warsh on Wednesday brings new leadership to the world’s most powerful central bank at…

WASHINGTON - The US Senate is expected to confirm Kevin Warsh as Federal Reserve chairman on Wednesday, as President Donald Trump applies unprecedented pressure on the central…