multi source·2h ago·4 sources analyzed
Senate panel advances nomination of Kevin Warsh for Fed chair
The Senate Banking Committee has approved the nomination of Kevin Warsh to lead the Federal Reserve. This decision follows a party-line vote. (sources: aljazeera, cbsnews, pbs, thehill)
Image: cbsnews
ModernAction Briefing
Kevin Warsh's nomination to replace Jerome Powell as chair of the Federal Reserve has been advanced by a Senate panel. The full Senate is expected to consider the nomination next month.
- The Senate Banking Committee voted along party lines to approve Warsh's nomination.
- Warsh is nominated to succeed Powell as chair of the Federal Reserve.
- The full Senate will take up the nomination next month.
Why it matters
The outcome of this nomination could influence the direction of U.S. monetary policy.
No specific legislation identified for action yet.
Top coverage · 4 sources
aljazeeraSenate panel advances Kevin Warsh’s nomination for US Fed chaircbsnewsSenate committee set to vote on Kevin Warsh's nomination for Fed chairpbsWATCH LIVE: Senate Banking Committee votes on Kevin Warsh's nomination for Federal Reserve chairthehillSenate Republican: Powell should leave Fed, ‘cash in’