Technology13 sources · 13 articles

Senate confirms Kevin Warsh as Federal Reserve chair

The Senate voted to confirm Kevin Warsh as the next chair of the Federal Reserve, succeeding Jerome Powell after a two-step confirmation process.

First reported

By Roll Call on May 10, 2026 at 8:00 PM EDT

Last update

May 13, 2026 at 3:14 PM EDT

13 sources · 13 articles

13 sources write about this

CBS NewsNPRThe HillAssociated Press Top NewsPoliticoUSA Today NewsCNBCYahoo News Latest

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Senate confirms Kevin Warsh as Federal Reserve chair — Photo: Image via unsplash (Image for illustrative purposes only)

In brief

The Senate voted to confirm Kevin Warsh as the next chair of the Federal Reserve, succeeding Jerome Powell after a two-step confirmation process.

Facts about this story

1
The Senate confirmed Kevin Warsh as chair of the Federal Reserve, succeeding Jerome Powell.
2
Warsh was first confirmed to a seat on the Fed Board of Governors before the Senate held a separate vote on his chair designation.
3
The chair confirmation vote was scheduled for 2 p.m. on the day of the final Senate action.
4
Warsh's term as Federal Reserve chair is set to last four years.
5
President Trump has publicly called for lower interest rates from the Federal Reserve.
6
A Senate cloture vote earlier in the week cleared the procedural path for the confirmation votes.

How outlets are covering it

CBS News

6 hr ago

Senate confirms Kevin Warsh as Fed chair as Trump presses for lower rates

“Frames the confirmation in the context of Trump's ongoing pressure on the Fed to cut interest rates.”

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NPR

6 hr ago

Senate confirms Kevin Warsh as next chair of the Federal Reserve

“Provides a straightforward confirmation report focused on the succession of Powell.”

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The Hill

6 hr ago

Live updates: Warsh confirmed as Fed chair to replace Powell; Trump lands in Beijing

“Reports on the board confirmation while flagging the expected timing of the subsequent chair vote.”

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Associated Press Top News

1 day ago

Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell

“Emphasizes the Trump administration's role in the nomination and the transition from Powell.”

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Politico

2 days ago

Senate confirms Warsh for seat on Fed Board, clearing path to become chair

“Focuses on the procedural first step of the two-stage confirmation process.”

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USA Today News

2 days ago

Senate confirms Warsh as Fed governor, one step closer to chair

“Highlights the board confirmation as the immediate news while noting the chair vote was still ahead.”

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CNBC

2 days ago

Senate confirms Kevin Warsh as Fed governor, clears way for chair vote

“Covers the earlier procedural cloture vote as a significant milestone toward confirmation.”

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Yahoo News Latest

2 days ago

US Senate confirms Trump-nominee Warsh to Federal Reserve board

“Yahoo News Latest summarizes the key facts and frames the story for its audience.”

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The Seattle Times

10 hr ago

Senate is set to confirm Trump pick Warsh as chairman of the Federal Reserve, following Powell

“The Seattle Times summarizes the key facts and frames the story for its audience.”

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New York Post

2 days ago

Senate confirms Kevin Warsh to Fed board as he clears another hurdle toward becoming chairman

“New York Post summarizes the key facts and frames the story for its audience.”

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Roll Call

3 days ago

Warsh moves closer to Fed role with Senate cloture vote

“Roll Call summarizes the key facts and frames the story for its audience.”

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Reuters

2 days ago

Senate confirms Warsh to Fed Board, with Fed chair vote likely Wednesday

“Reuters summarizes the key facts and frames the story for its audience.”

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X/Twitter: Craig Caplan

Recent

Senate votes today at 2pm to confirm President Trump's nominee Kevin Warsh to chair the Federal Reserve for the next 4 years, succeeding Powell

“X/Twitter: Craig Caplan summarizes the key facts and frames the story for its audience.”

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Background

Kevin Warsh previously served on the Federal Reserve Board of Governors from 2006 to 2011, appointed by President George W. Bush, and has remained active in financial policy discussions since his departure. He was considered a leading candidate for the Fed chair role during Trump's first term as well. The Federal Reserve chair serves a four-year term in that leadership capacity, while governors hold staggered 14-year terms on the board. Jerome Powell was first appointed chair by Trump in 2018 and reappointed by President Biden in 2022. The confirmation of Warsh marks the first change in Federal Reserve leadership since Powell assumed the role.