The Senate has confirmed Kevin Warsh as a Federal Reserve Governor on the Federal Reserve Board. The next step is to nominate and vote on him as the next Fed chair ahead of the May 15 deadline. The vote is to take place either tomorrow or on Thursday.
Current Fed chair Powell, will then be replaced but Powell’s term as a Board member runs until January 31, 2028
Kevin Warsh is confirmed to be a Federal Governor of the Federal Reserve Board
