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International Business Times
International Business Times
Business
Demian Bio

Kevin Warsh Confirmed As Next Chairman Of The Federal Reserve, Replacing Jerome Powell

Jerome Powell Kevin Warsh US Federal Reserve the Federal Reserve Donald Trump BLS CNBC
Warsh, nominated by President Donald Trump to replace Jerome Powell, has said the Fed should remain "strictly independent" in setting monetary policy. (Credit: C-SPAN)

The Senate confirmed on Wednesday Kevin Warsh as the next chair of the Federal Reserve, replacing Jerome Powell.

The vote was largely along party lines and followed the one on Tuesday that confirmed him as governor of the central bank.

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