JUST IN: Senate Confirms Trump Nominee Kevin Warsh as Fed Governor, Clearing the Way to Replace Powell

The Senate on Tuesday voted 51-45 to confirm Trump nominee Kevin Warsh as Fed Governor, clearing the way to replace Jerome Powell. The post JUST IN: Senate Confirms Trump Nominee Kevin Warsh as Fed Governor, Clearing the Way to Replace Powell appeared first on The Gateway Pundit.

JUST IN: Senate Confirms Trump Nominee Kevin Warsh as Fed Governor, Clearing the Way to Replace Powell

TL;DR

  • Senate confirmed Kevin Warsh as Fed Governor (51-45 vote).
  • Warsh is expected to be confirmed as Fed Chair on Friday, replacing Jerome Powell.
  • Powell's 4-year term as Fed Chair ends Friday.
  • President Trump announced Warsh's nomination for Fed Chair in January.
  • Warsh has prior experience as a Fed Governor (2006-2011) and Special Assistant to the President for Economic Policy (2002-2006).
  • The Justice Department dropped its criminal investigation into Jerome Powell last month.