ABC News5/14/2026BusinessUnited States
U.S. Senate Confirms Kevin Warsh as New Federal Reserve Chair Amid Economic Challenges
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The U.S. Senate confirmed Kevin Warsh as the new Federal Reserve Chair, replacing Jerome Powell, amidst a divided central bank grappling with economic fallout from the U.S.-Israel-Iran war, inflation pressures, and demands from President Trump for lower interest rates.
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The U.S. Senate confirmed Kevin Warsh as the new Federal Reserve Chair, replacing Jerome Powell, amidst a divided central bank grappling with economic fallout from the U.S.-Israel-Iran war, inflation pressures, and demands from President Trump for lower interest rates.
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This article was originally published by ABC News.
