Senate confirms Kevin Warsh as Fed chair
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Kevin Warsh, the new Trump-appointed Federal Reserve chair officially takes over Friday for the other Trump-appointed Fed chair, Jerome Powell, whose term is up after eight years.
By Howard Schneider WASHINGTON, May 15 (Reuters) - Incoming Federal Reserve chief Kevin Warsh's plans to shrink the U.S. central bank's "footprint" in financial markets could be constrained by the rising federal debt and potentially lost luster of U.
Kevin Warsh, President Donald Trump‘s pick to be the next chairman of the Federal Reserve Board of Governors, is one step closer to confirmation. The Senate voted 49-44 Monday to move toward a final vote on Warsh’s nomination to serve on the Fed board,