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Mar 05, 2026

Trump’s Fed Chair Pick Moves Closer to Confirmation

WASHINGTON, D.C. — MAY 3, 2026 — In a pivotal moment for the nation’s economic leadership, the Senate Banking Committee voted 13-11 along party lines on Wednesday, April 29, to advance the nomination of Kevin Warsh to serve as the next Chairman of the Federal Reserve. The vote paves the way for a full Senate confirmation that could install Warsh as Chair just as Jerome Powell’s term expires on May 15.


I. Warsh Clears Key Hurdle

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