The Senate confirmed Kevin Warsh on Wednesday to become chairman of the Federal Reserve for a four-year term.
The 54-45 vote concludes the process two days before Fed Chair Jerome Powell’s term ends. The Senate confirmed Warsh on Tuesday to a 14-year term on the board, effective as of Feb. 1, 2026. He fills a board position previously held by Stephen Miran, who has been a consistent voice for monetary policy easing.
Sen. John Fetterman, D-Pa., crossed the aisle to join the Republican majority for the confirmation.