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US Senate confirms Trump pick Kevin Warsh to Federal Reserve Board

SCMP Culture 12 May 2026 15h ago
US Senate confirms Trump pick Kevin Warsh to Federal Reserve Board
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The US Senate on Tuesday confirmed Kevin Warsh as a governor on the board of the Federal Reserve, clearing the way for him to take the reins of the central bank later this week as the world’s largest economy faces inflation at a three-year-high. The Senate voted 51-45 to confirm Warsh’s appointment to the board for a 14-year term, with the results largely along party lines. The Senate will hold a
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