Senate Approves Warsh for Fed Chair, Resolving Powell Investigation Impasse

Senate Approves Warsh for Fed Chair, Resolving Powell Investigation Impasse 2

Kevin Warsh delivers testimony at his verification hearing before the Senate Committee on Banking, Housing, and Urban Affairs, situated in the Dirksen Senate Office Building on April 21, 2026, in Washington, DC.Andrew Harnik/Getty Images

On Wednesday, the Senate approved the designation of Kevin Warsh as the next Federal Reserve chair, paving the path for Warsh to succeed Jerome Powell, the current head of the central bank, upon the expiration of his tenure later in the week.

The Senate’s endorsement of Warsh was achieved through a tally of 54 ayes to 45 nays.

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Sourse: abcnews.go.com

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