Trump Backs Warsh as Fed Chair, Senate Panel Advances Nomination

Kevin Warsh clears Senate Banking Committee on party-line vote, setting up final confirmation for Fed chair

The Senate Banking Committee voted Wednesday to advance Kevin Warsh’s nomination to lead the Federal Reserve, sending President Trump’s pick to the full chamber on a straight party-line tally of 13 Republicans in favor and 11 Democrats opposed. The vote clears the most significant procedural obstacle between Warsh and the top job at the nation’s...

At the Fed: Warsh Secures Committee Approval; Powell Doesn’t Want to Leave

At the Fed: Warsh Secures Committee Approval; Interest Rates Remain Unchanged; Powell Doesn’t Want to Leave First, on the president’s nominee to serve as the next chairman of the Fed, from Financial Times: Kevin Warsh’s nomination as the next chair of the Federal Reserve has been approved by the Senate banking committee, moving Donald Trump’s pick one step closer to leading the US central bank. The committee voted 13 to 11 on Wednesday to allow …

Trump backs Warsh as Fed Chair, Senate panel advances nomination

The post Trump backs Warsh as Fed Chair, Senate panel advances nomination appeared on BitcoinEthereumNews.com. ## Market Snapshot Jerome Powell out as Fed Chair by May 14, 2026, is priced at 2.1% YES, showing a decrease from 6% a day earlier. Kevin Warsh’s confirmation as Fed Chair by May 15, 2026, is priced at 92.3% YES, up from 88% in the past 24 hours. ## Key Takeaways – Trump’s critique of Powell and support for Warsh suggests increased like…