Wire report
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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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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What happened
According to The Guardian’s linked 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 coverage 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 linked item is dated 2026-05-13T20:10:15+00:00.
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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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Source links
- US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome PowellThe Guardian - 2026-05-13T20:10:15+00:00
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