With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.

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…

Kevin Warsh promised to remake the central bank. His first challenge: inflation that will make the president's demand for interest rate cuts impossible to meet.

Kevin Warsh was confirmed Wednesday as chair of the Federal Reserve for a four-year term. [Photo/Agencies]

Kevin Warsh faces challenge of inflation while overseeing high government spending