Skip to content

Senate confirms Kevin Warsh to Fed Board, paving way for chair vote

financeMay 12, 202637677

The Senate confirmed Kevin Warsh to a 14-year term on the Federal Reserve Board of Governors on May 11, 2026, after invoking cloture on his nomination. The vote clears the way for President Trump to name Warsh to replace Jerome Powell as Federal Reserve chair. Economists and opinion writers have criticized Warsh's policy record, making his elevation a potential pivot for U.S. interest-rate and regulatory policy.

More Perfect Union
@moreperfectunion.bsky.social

BREAKING: The Senate has confirmed Kevin Warsh to join the Federal Reserve Board in a 51-45 vote. John Fetterman crossed the aisle to vote for him. Warsh has a net worth between $131 million and $209 million, which would make him the wealthiest Fed Chair ever.

35145d ago
3 sources