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Senate advances Warsh, Trump’s pick to chair Federal Reserve
The 49-44 procedural vote moves Kevin Warsh closer to confirmation as Fed chair, with a separate Senate vote expected this week.
- On Monday, the Senate voted 49-44 to invoke cloture on Kevin Warsh's nomination to the Federal Reserve Board, advancing the nominee toward a final confirmation vote expected this week.
- The path to confirmation cleared after the Justice Department dropped its investigation into renovation costs at the Federal Reserve's headquarters, leading Senator Thom Tillis to end his opposition.
- During his confirmation hearing, Warsh promised to uphold Fed independence, though he plans "regime change" at the central bank and advocates replacing the core inflation gauge with trimmed-mean measures.
- Senators are expected to confirm Warsh as Fed Chair this week, facilitating a transition from incumbent Fed Chair Jerome Powell, whose leadership term ends Friday, May 15, 2026.
- Critics including Senator Elizabeth Warren warn Warsh could act as a "sock puppet" for President Donald Trump, potentially compromising the central bank's independence amid stagflationary pressures.
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42 Articles
In the US, the Senate has cleared the way for financial expert Kevin Warsh to head the Federal Reserve.
·Germany
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Kevin Warsh returns to Federal Reserve with 'regime change' agenda
WASHINGTON (UNITED STATES) - Kevin Warsh, the incoming chair of the US Federal Reserve, will return to the central bank with an ambitious reform agenda and the looming threat of intimidation by the man who nominated him: US President Donald Trump.
·Bangkok, Thailand
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Bizpac ReviewReposted by 
Independent Journal Review
Independent Journal ReviewTrump’s Fed nominee takes big step on path to becoming Jerome Powell’s replacement
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·West Palm Beach, United States
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Coverage Details
Total News Sources42
Leaning Left7Leaning Right12Center10Last UpdatedBias Distribution41% Right
Bias Distribution
- 41% of the sources lean Right
41% Right
L 24%
C 35%
R 41%
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