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Kevin Warsh is confirmed as Federal Reserve chair, succeeding Jerome Powell. The incoming Trump appointee faces an early test as US inflation surges.

Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell | CNN Business

Kevin Warsh was confirmed Wednesday by the Senate to serve as the 17th chair of the Federal Reserve, handing the former Morgan Stanley banker and one-time Fed governor stewardship of the world’s most influential central bank at a moment of mounting global uncertainty.

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US Senate confirms Trump nominee Kevin Warsh as the chair of the Federal Reserve

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Senate confirms Fed chair nominee Kevin Warsh, who will replace Jerome Powell when his term ends

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Kevin Warsh has been confirmed as Fed chair. The 54-45 vote is the narrowest margin since Senate approval became a requirement in 1977.

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Senate confirms Kevin Warsh as the new chairman of the Federal Reserve, replacing Jerome Powell

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Trump pick Kevin Warsh confirmed as new Fed chair

⚡ The Senate has confirmed Trump nominee Kevin Warsh to lead the Federal Reserve.

Federal Reserve

The Senate confirms Trump pick Kevin Warsh as Federal Reserve chair, bringing new leadership to the powerful central bank.

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The Senate confirmed Kevin Warsh to become the next chair of the Federal Reserve, replacing Jerome Powell.