US Senate approves Kevin Warsh for Fed Board, chair confirmation next
- Posted on May 12, 2026
- By Business News Today
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- 1 min read
US Senate approves Kevin Warsh for Fed Board, chair confirmation next
The Senate has confirmed Kevin Warsh to the Federal Reserve Board of Governors. A vote for his chairmanship is expected soon. This confirmation follows a lifted blockade by Senator Thom Tillis. The move comes as President Trump pushes for lower interest rates. Inflation is currently surging, presenting a challenge for the Fed.
