Kevin Warsh Confirmed as Fed Chair by Narrowest Senate Margin in History According to Bloomberg, the U.S. Senate confirmed Kevin Warsh as F…
Kevin Warsh Confirmed as Fed Chair by Narrowest Senate Margin in History
According to Bloomberg, the U.S. Senate confirmed Kevin Warsh as Federal Reserve Chair in a 54-45 vote, the narrowest confirmation margin ever for a Fed chair. Markets are closely watching whether Warsh will support Donald Trump’s push for lower interest rates, despite Warsh stating during his confirmation hearing that the Fed’s monetary policy would remain “strictly independent.”
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