US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome Powell
- Posted on May 13, 2026
- By Business News Today
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- 1 min read
US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome Powell
Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are rising. The Fed faces internal disagreements. President Trump has pressured the Fed for lower interest rates. Warsh promises independence. He faces challenges in managing the economy and inflation.
