Jerome Powell has been named temporary chair of the US Federal Reserve pending the swearing-in of successor Kevin Warsh. This move follows Warsh's Senate confirmation after a challenging process. Powell's interim role is a customary practice during such transitions, with no specific date set for Warsh's official induction.

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…

Kevin Warsh was narrowly confirmed Wednesday by the Senate to serve as the 17th chair of the Federal Reserve, inheriting a central bank that has long been under political siege…

Kevin Warsh faces challenge of inflation while overseeing high government spending