Warsh clinches Senate approval to be Fed's next chair
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Source: The Korea Herald
Published: 2026-05-14 11:46 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Law & Courts, US Politics, Business & Economy
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Snippet:
WASHINGTON (Reuters) -- The US Senate on Wednesday approved Kevin Warsh as chair of the Federal Reserve, putting the 56-year-old lawyer and financier at the helm as the US central bank grapples with intensifying inflation that may make it hard to push through the interest-rate cuts that President Donald Trump has demanded.
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