Senate confirms Warsh as Fed governor, chair vote is next step

Donald Trump

May 12 (UPI) -- The U.S. Senate voted Tuesday to confirm Kevin Warsh as a member of the Federal Reserve Board of Governors, putting President Donald Trump 's pick one step away from the position of Fed chair. The Senate vote to confirm Warsh as leader of the seven-member Board of Governors is expected Wednesday, CNBC reported . He would replace Jerome Powell , whose term as chair ends Friday. The vote Tuesday was 51-45, mostly along party lines except for Sen. John Fetterman, D-Pa., who voted

Tag-uri: Donald Trump

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