Money
Senate Confirms Warsh as Federal Reserve Chair, 54-45, in Closest Vote of Modern Era
The Senate voted 54-45 on May 13 to confirm Kevin Warsh as Federal Reserve chairman, with Sen. John Fetterman the only Democrat to cross party lines. The confirmation triggers a 90-day divestiture clock on Warsh's private fund holdings, with the deadline falling around August 11, and sets up the first FOMC meeting of his tenure for June 16-17.
