Skip to content

Kevin Warsh confirmed as Federal Reserve chair, Senate votes 54-45

financeMay 13, 2026481,540

The Senate confirmed Kevin Warsh as chair of the Federal Reserve in a 54-45 vote, and Jerome Powell will remain on the Fed board as a governor. President Trump pushed for lower interest rates during the nomination, but Warsh told senators he did not pledge to cut rates to secure the job. Warsh inherits a fragile economy with competing inflation and growth pressures and faces questions about managing his extensive financial holdings and potential conflicts of interest, which will shape Fed policy on rates and markets.

Ricky Davila
@therickydavila.bsky.social

Disgraceful fraudulent traitor John Fetterman joined fascist republicans in confirming MAGA lunatic Kevin Warsh as the new Federal Reserve Chair after Jerome Powell thus officially ending the Central Bank’s autonomy and independence. We’re fucked and so many still refuse to see it.

5202h ago
Justin Wolfers
@justinwolfers.bsky.social

Kevin Warsh was just confirmed as next Fed chair. The only problem is we don't know which Kevin Warsh... The inflation hawk of 2006-2011? The sock puppet who doesn't know won the 2020 election? A public servant ready to grow into the job and lead? Someone else? www.nytimes.com/live/2026/05...

3153h ago
3 sources