The Senate narrowly confirmed Kevin Warsh as chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.
Economics Politics Facebook X LinkedIn Email Link Gift Expand Kevin Warsh at his Senate confirmation hearing in April.
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Send a tip to our reporters Site feedback: Take our Survey New Window Facebook X LinkedIn Email Link Gift By Steven T. Dennis and Jonnelle Marte May 13, 2026 at 6:47 PM UTC Bookmark Save The Senate narrowly confirmed Kevin Warsh as chair of the Federal Reserve , setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.
The 54-45 vote Wednesday was the slimmest confirmation margin ever for a head of the central bank, reflecting polarized politics in Congress and Democratic fears that Warsh will bend to President Donald Trump ’s demands to rapidly lower interest rates.
