Donald Trump’s Fed chair nominee has been confirmed by the Senate after months of the president’s attempts to pressure the Federal Reserve’s existing chair to leave the position.
Kevin Warsh cleared a key procedural vote on Monday before his final confirmation vote Wednesday afternoon. He was confirmed by a vote of 54 to 45 after GOP Sen. Thom Tillis, who sits on the Senate Banking Committee, ended his opposition to Warsh and joined with his fellow Republicans to confirm the Harvard Law alum to the Federal Reserve, where he previously served as a member of the Board of Governors during the 2008 financial crash.
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