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US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell

Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates The US Senate confirmed Kevin Warsh as chair of the Federal Reserve , one of the most powerful roles in the federal government that holds enormous sway over the economy. The 54-45 Senate vote on Wednesday was split along party lines, with the exception of the Democratic senator John Fetterman from Pennsylvania, who joined the Republican majority. It was most divisive confirmation vote for the position in history. Continue reading...

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Vinita Duniphin Technology Source report

What happened

According to The Guardian’s source item, US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell, Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates The US Senate confirmed Kevin Warsh as chair of the Federal Reserve , one of the most powerful roles in the federal government that holds enormous sway over the economy. The 54-45 Senate vote on Wednesday was split along party lines, with the exception of the Democratic senator John Fetterman from Pennsylvania, who joined the Republican majority. It was most divisive confirmation vote for the position in history. Continue reading…

Context

The development sits in VINI’s Technology file for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-13T20:10:15+00:00.

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Open questions include whether primary sources issue follow-up statements, whether local or market impacts become clearer, and whether additional reporting changes the timeline or adds material context.

Source

Primary source: US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell via The Guardian. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.

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