Senate confirms Kevin Warsh to Fed board ahead of expected Chair vote

CoinDesk Staff

(05:29 PM UTC)

1 min read

Warsh’s confirmation to the Fed board positions the crypto-linked investor to replace Jerome Powell as chair amid inflation and digital asset policy debates.

The Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors on Tuesday, moving President Donald Trump’s pick one step closer to becoming the next chair of the U.S. central bank.

Lawmakers approved Warsh in a 51-45 vote. Sen.…

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