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The Economic Times
The Economic Times
National

US Senate approves Kevin Warsh for Fed Board, chair confirmation next

The Senate confirmed Kevin Warsh's nomination to the Federal Reserve Board of Governors Tuesday, with the chamber expected to confirm him separately as chair later this week.

The 51-45 Senate vote Tuesday grants Warsh a 14-year term on the central bank's board. The Senate plans a procedural vote shortly to pave the way for a vote on Warsh's confirmation to succeed Jerome Powell as chairman.

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