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Senate panel approves Kevin Warsh as Fed chair

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Senate panel approves Kevin Warsh as Fed chair
Key Points
  • Senate Banking Committee approved Kevin Warsh as Fed chair nominee
  • Vote was 13-11 along party lines
  • Full Senate vote expected with Republican majority support

S. central bank, cleared the Senate Banking Committee on a 13-11 vote along party lines, according to multiple reports. The full Senate is expected to vote on Warsh's nomination, where he is expected to receive support from the Republican majority.

The timeline for the full Senate vote has not been announced, and Warsh's policy stance remains unclear.

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Senate panel approves Kevin Warsh as Fed chair | Reed News