News · 14 May 2026

Senate confirms Warsh as Federal Reserve chief at US Central Bank

The economy Kevin Warsh will now lead faces persistent inflation, which is presently at a three-year high. Senators confirmed him as the next Federal Reserve chair on Wednesday afternoon, with a 54-45 vote, just before Jerome Powell's time in the role runs out. He served on the central bank's board of governors previously, from 2006 to 2011.

By BriefTea Editorial · 14 May 2026 at 8:16

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