Kevin Warsh, the new Trump-appointed Federal Reserve chair officially takes over Friday for the other Trump-appointed Fed chair, Jerome Powell, whose term is up after eight years.

Kevin Warsh won Senate confirmation to the Fed board, clearing a key step toward replacing Jerome Powell as Fed chair.

The US Senate on Wednesday confirmed economist Kevin Warsh as the 17th chair of the Federal Reserve in a 54-45 vote, in a transition that hands control of the world's most…