Senate confirms Kevin Warsh as Federal Reserve chair
The US Senate has confirmed Kevin Warsh to lead the Federal Reserve. This decision introduces new leadership at a critical time for the global economy. (sources: abc, whyy, ft, foxnews, cbsnews)
The Senate confirmed Kevin Warsh as chairman of the Federal Reserve, succeeding Jerome Powell. This change in leadership occurs amid significant economic challenges.
- Kevin Warsh has been confirmed by the Senate to lead the Federal Reserve.
- Warsh succeeds Jerome Powell as chairman of the Federal Reserve.
- The confirmation comes at a challenging time for the global economy.
Why it matters
The leadership of the Federal Reserve plays a crucial role in shaping economic policy and responding to economic conditions.
↓ Why this is on ModernAction
3 bills on this issue are moving right now — and the most active one is Federal Reserve Transparency Act of 2025.
S2327 · 119th Congress
Federal Reserve Transparency Act of 2025
Where do you stand on this bill?
Takes about 60 seconds
About this bill
What S2327 actually does
This story is about Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell. This bill would Expand GAO audit authority over the Federal Reserve (including areas currently restricted).
If passed, it would:
- Expand GAO audit authority over the Federal Reserve (including areas currently restricted • Require a “full audit” of the Fed system within a set timeframe.
2 other bills moving on this issue
Take action on any of them individually.
This story is about Senate confirms Kevin Warsh as Federal Reserve chair. This bill would federal: Express the House’s position affirming Fed independence (non-binding).
If passed, it would
- Express the House’s position affirming Fed independence (non-binding • Potentially signal oversight priorities during the new chair’s tenure.
This story is about Senate confirms Kevin Warsh as Federal Reserve chair. This bill would Amend the Federal Reserve Act’s goals to focus on “stable prices” rather than the current dual mandate.
If passed, it would
- Amend the Federal Reserve Act’s goals to focus on “stable prices” rather than the current dual mandate • Shift the framework Congress uses to oversee monetary policy.
Top coverage · 13 sources