John Fetterman

U.S. Senator (D-Pennsylvania)

2 articles

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.

MoneyMay 11

Senate Banking Committee Advances Warsh for Fed Chair in First Fully Partisan Vote

Kevin Warsh cleared the Senate Banking Committee 13-11 on April 29 after a contentious hearing where he pledged a regime change in monetary policy and declined to disclose the underlying holdings of more than $100 million in investments, some of which include stakes in regulated banks.