politics
Warsh, Trump’s pick to head Federal Reserve, clears Senate hurdle
Key takeaways
- The Senate voted 51 to 45 to confirm Warsh to the Fed’s board of governors and then voted 51-45 to advance his nomination to replace Jerome Powell as Fed chair.
- Every Republican who voted supported Warsh’s nomination.
- John Fetterman (D-Pa.) was the only Democrat to vote for Warsh.
Why this matters: political developments that affect policy direction and public trust.
The Senate voted 51 to 45 to confirm Warsh to the Fed’s board of governors and then voted 51-45 to advance his nomination to replace Jerome Powell as Fed chair.
Every Republican who voted supported Warsh’s nomination.
Centrist Sen. John Fetterman (D-Pa.) was the only Democrat to vote for Warsh.
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