Event overview
'I will be an independent actor': Kevin Warsh confirmed as Fed chairman
The U.S. Senate confirmed Kevin Warsh as the new Federal Reserve chair, with coverage noting the vote was partisan and Warsh’s stance as an independent actor. France 24 reports the confirmation as part of a partisan process, highlighting price pressures that could affect President Trump’s push for lower borrowing costs. Reuters confirms the confirmation and frames it against inflation intensifying. Washington Times emphasizes Warsh’s assertion of independence and notes a 54-45 vote with a single Democrat voting yes. Where sources disagree, attribution is provided to the source.
Concrete downstream impact not stated in the supplied coverage.
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Warsh clinches Senate approval to be Fed's next chair as inflation intensifies
Reporting by Howard Schneider, Nolan McCaskill, Ann Saphir and Nandita Bose; Editing by David Gregorio Our Standards: The Thomson Reuters Trust Principles. , opens new tab Nolan D. McCaskill reports on American politics, including the U.S. Congress. He previously covered Texas politics at The Dallas Morning News and.
'I will be an independent actor': Kevin Warsh confirmed as Fed chairman
The U.S. Senate confirmed Kevin Warsh on Wednesday to lead the Federal Reserve , the world’s most powerful bank, during tense times for the global economy. The upper chamber voted 54-45 to approve Mr. Warsh’s nomination. Only one Democrat, Sen. John Fetterman of Pennsylvania, crossed the aisle to support President.
Senate confirms Trump pick Kevin Warsh as Federal Reserve chair
The US Senate on Wednesday confirmed Kevin Warsh – Trump's top pick – as the new Federal Reserve chair in the most partisan vote ever for the role. Warsh takes over as policymakers warn persistent price pressures could complicate President Donald Trump’s push for lower borrowing costs.