Kevin Warsh wins in 54-45 Senate vote to replace Jerome Powell as Federal Reserve Chair

May 13, 2026 - 13:30
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Kevin Warsh wins in 54-45 Senate vote to replace Jerome Powell as Federal Reserve Chair
Warsh will officially take over from current Fed Chair Jerome Powell once final White House paperwork is completed. Powell’s term as chair ends Friday, although he will remain on the Federal Reserve Board as a governor.

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