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

Event overview

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

Updated 21 hours ago
The Hill
The Guardian US
Fox News
3 articles3 sources
Multiple perspectives

The Senate confirmed Kevin Warsh as chair of the Federal Reserve by a 54-45 vote, with Sen. John Fetterman joining Republicans in backing Warsh. He will replace Jerome Powell and serve a four-year term as chair, with an additional 14-year appointment on the Fed’s rate-setting board. Coverage notes Warsh’s expected influence over interest-rate policy and frames the confirmation as occurring amid inflation concerns and political dynamics surrounding Trump-era economic policy. The Hill and The Guardian US report the same 54-45 tally and Warsh’s succession; Fox News also confirms the vote, positioning it within Trump-era economic framing, though with a right-leaning lens.

What this means

The event signals a shift in Federal Reserve leadership and potential emphasis on policy directions under Warsh, with The Hill and The Guardian US noting influence on interest rates and inflation context; Fox News places emphasis on aligning with Trump-era economic strategy. Concrete downstream impact not stated in the provided coverage.

Original reporting (3)
Kevin Warsh confirmed as Federal Reserve chair
The Hill
The Hill
Balanced
5/13/2026

Kevin Warsh confirmed as Federal Reserve chair

The Senate on Wednesday confirmed Kevin Warsh to be chair of the Federal Reserve. The Senate voted 54-45, with Sen. John Fetterman (D-Pa.) joining Republicans in backing Warsh to lead the central bank, where he will have significant influence over interest rates. Warsh is set to replace Jerome Powell, who has.

US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
The Guardian US
The Guardian US
Leaning left
5/13/2026

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.

Senate confirms Kevin Warsh as Fed chair as Trump's economic vision comes into focus
Fox News
Fox News
Strongly right
5/13/2026

Senate confirms Kevin Warsh as Fed chair as Trump's economic vision comes into focus

Wall Street Journal columnists Mary Anastasia O'Grady and Kim Strassel join Paul Gigot to analyze Federal Reserve dynamics and Jerome Powell's decision to remain on the Board of Governors. The Senate cleared Kevin Warsh on Wednesday to lead the Federal Reserve, ushering in a new era at the central bank under President.