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Kevin Warsh has been confirmed by the U.S. Senate as the next Chair of the Federal Reserve. The vote was 54-45.
Kevin Warsh is confirmed as Federal Reserve chair, succeeding Jerome Powell. The incoming Trump appointee faces an early test as inflation surges.
*KEVIN WARSH CONFIRMED AS FEDERAL RESERVE CHAIR IN SENATE VOTE
From NY POSTcast: Kevin Warsh confirmed as next Fed chair — replacing Trump foe Jerome Powell — by US Senate as inflation mounts. Subscribe here:
San Diego warship preps for battle in Middle East as California sailors ready for deployment
🚨 JUST IN: Kevin Warsh has been confirmed as Fed Chair in a razor-thin 54–45 Senate vote — the narrowest confirmation margin for a Fed Chair in modern history.
SENATE CONFIRMS WARSH AS FED CHAIR IN 54--45 VOTE
PENNSYLVANIA'S FETTERMAN ONLY DEMOCRAT TO SUPPORT WARSH NOMINATION
WARSH TO BEGIN 4-YEAR FED CHAIR TERM AFTER POWELL DEPARTS FRIDAY
Hearing Kevin Warsh talk about Fed independence, and watching hard assets sell off on that, feels a lot like the hype around DOGE.
Great in theory, but ultimately unrealistic.
The reality is that government debt has reached a scale that no brilliant policymaker can solve.
Mute the noise here.
There’s only one job left:
Lower rates to make the federal debt more affordable.
None of us own enough hard assets.
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Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
