politics
Trump gets his new Fed chief
Key takeaways
- Link copied by Sylvan Lane - 05/13/26 6:17 PM ET Link copied
- John Fetterman (D-Pa.) was the only Democrat to vote for Warsh, who previously served on the Federal Reserve s board of governors from 2006 to 2011.
- Every Republican voted to confirm Warsh, whose nomination was held up after Sen.
Why this matters: political developments that affect policy direction and public trust.
Link copied by Sylvan Lane - 05/13/26 6:17 PM ET Link copied
The Senate on Wednesday voted to confirm Kevin Warsh to succeed Jerome Powell as the next chairman of the Federal Reserve, setting the stage for new leadership at the powerful central bank, which faces pivotal decisions ahead on monetary policy.
Centrist Sen. John Fetterman (D-Pa.) was the only Democrat to vote for Warsh, who previously served on the Federal Reserve s board of governors from 2006 to 2011. The vote was 54-45.
Article preview — originally published by The Hill. Full story at the source.
Read full story on The Hill →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from The Hill alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop