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Senate votes to confirm Trump-pick Kevin Warsh to succeed Jerome Powell as Fed Chair

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The Block Editorial
(06:56 PM UTC)
1 min read
EW
Updated byEmily Watson
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The Senate voted to confirm President Donald Trump's pick for Federal Reserve Chair Kevin Warsh, ushering in a crypto-friendly leader to the central bank.

On Wednesday, the Senate voted 54-45 for Warsh's nomination, who will serve a term of four years. Current Federal Reserve Chair Jerome Powell's term ends on Friday, but he reportedly has said he will remain on the Fed's board until 2028.

On…

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