{"id":2601719,"date":"2026-05-12T13:43:00","date_gmt":"2026-05-12T17:43:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-confirms-warsh-to-fed-board-chairmanship-vote-to-follow\/"},"modified":"2026-05-12T13:44:27","modified_gmt":"2026-05-12T17:44:27","slug":"senate-confirms-warsh-to-fed-board-chairmanship-vote-to-follow","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-confirms-warsh-to-fed-board-chairmanship-vote-to-follow\/","title":{"rendered":"Senate confirms Warsh to Fed board, chairmanship vote to follow"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenate-confirms-warsh-to-fed-board-chairmanship-vote-to-follow%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2601719&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Kevin Warsh,President Donald trump\u2019s pick for the next Federal Reserve chair,has been confirmed to the Fed\u2019s Board of Governors in a 51-45 Senate vote,with Sen. John Fetterman joining Republicans. The Senate will now vote separately to determine whether Warsh becomes chairman.<\/p>\n<p>The timing is significant because the term of current Fed Chair Jerome Powell is set to expire at Friday\u2019s deadline,and Trump has repeatedly criticized Powell for moving too slowly on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/investors-turn-bearish-raising-cash-and-increasingly-fearing-a-hard-landing-bofa-survey\/\" title=\"Investors grow bearish, hoard cash, and fear a hard landing: BofA survey.\">interest-rate cuts<\/a>. Warsh previously served on the Fed\u2019s board (2006-2011) during the Great Recession.<\/p>\n<p>Warsh\u2019s <a href=\"https:\/\/amzn.to\/3YuVZYV\" >nomination drew heightened attention due<\/a> to a Justice Department investigation involving allegations that Powell misled Congress about <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-eyes-opportunity-to-oust-powell-over-2-5-billion-fed-renovation\/\" title=\"Trump eyes opportunity to oust ... over .5 billion Fed renovation\">federal building renovations<\/a>. after the investigation was dropped,Sen. Thom Tillis ended a threat to block Warsh and said he would support the nomination.During his hearing, Warsh emphasized the importance of the Fed\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/two-democrats-join-gop-to-advance-warsh-fed-nomination\/\" title=\"Two ... to ...\">monetary policy independence<\/a> and argued that the central bank should refocus on its core goals of price stability and maximum employment rather than taking on roles he views as overly political.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/kevin-warsh\/\" type=\"post_tag\" id=\"20643\">Kevin Warsh<\/a>, President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" type=\"post_tag\" id=\"4\">Donald Trump\u2019s<\/a> pick to be the next chairman of the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/federal-reserve\/\" type=\"post_tag\" id=\"726\">Federal Reserve<\/a>, has been confirmed to a spot on the central bank\u2019s Board of Governors, teeing up a chairmanship vote this week.<\/p>\n<p>Warsh, 56, was confirmed on Tuesday in a 51-45 vote, with Sen. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/john-fetterman\/\" type=\"post_tag\" id=\"1175\">John Fetterman<\/a> (D-PA) joining Republicans in voting to give the nominee a 14-year term on the Fed board.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4563753\/inflation-april-iran-energy-prices\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Inflation rose to 3.8% in April, highest since 2023, as Iran war raised energy prices<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/4563799\/two-democrats-join-gop-advance-warsh-fed-nomination\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Two Democrats join GOP to advance Warsh Fed nomination<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4559925\/the-reality-underlying-april-jobs-report\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>The reality underlying April\u2019s jobs report, in facts and charts<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/4563799\/two-democrats-join-gop-advance-warsh-fed-nomination\/\"><strong>TWO DEMOCRATS JOIN GOP TO ADVANCE WARSH FED NOMINATION<\/strong><\/a><\/p>\n<div class=\"article-paywall\">\n<p>The <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/section\/senate\/\" type=\"link\" id=\"https:\/\/www.washingtonexaminer.com\/section\/senate\/\">Senate<\/a> must vote separately to confirm him to be chairman of the board. That vote is expected this week.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Kevin Warsh is sworn in during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors before the Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill, in Washington, on Tuesday, April 21, 2026. (Jose Luis Magana\/AP Photo)<\/figcaption><\/figure>\n<p>The effective deadline for the Senate is Friday, when the term of Fed Chairman <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/jerome-powell\/\" type=\"post_tag\" id=\"725\">Jerome Powell<\/a> expires. Powell has been a frequent rhetorical punching bag for Trump, who has criticized him as moving too slowly to cut interest rates.<\/p>\n<p>This isn\u2019t Warsh\u2019s first time on the Fed board. He previously served on the Fed\u2019s Board of Governors from 2006 to 2011, during the worst of the Great Recession.<\/p>\n<p>Warsh\u2019s nomination process and confirmation hearing received outsize attention, given the pressure Trump put on Powell and the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/justice-department\/\" type=\"post_tag\" id=\"167\">Justice Department\u2019s<\/a> investigation into Powell over allegations that he misled <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/congress\/\" type=\"post_tag\" id=\"31\">Congres<\/a>s about building renovations to the Fed\u2019s headquarters.<\/p>\n<p>The investigation into Powell caused Sen. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/thom-tillis\/\" type=\"post_tag\" id=\"973\">Thom Tillis<\/a> (R-NC), a member of the Senate Banking, Housing, and Urban Affairs Committee, to threaten to block Warsh\u2019s nomination as a means of protest. After the DOJ dropped the investigation, Tillis dropped his blockade and said he would vote for Warsh.<\/p>\n<p>During his confirmation hearing, Warsh faced questions about the role of the Fed and his ability to maintain its independence from outside pressure. Warsh told senators on the panel that \u201cmonetary policy independence is essential.\u201d<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4554459\/kevin-warsh-failure-jerome-powell-staying-markets-expecting-rate-hike\/\" type=\"post\" id=\"4554459\">KEVIN WARSH SET UP FOR FAILURE WITH POWELL STAYING ON AND MARKETS EXPECTING RATE HIKE<\/a><\/strong><\/p>\n<p>Warsh also spoke about reform at the central bank. He specifically emphasized during the hearing that the Fed needs to return to its core mandate of price stability and maximum employment.<\/p>\n<p>Warsh has argued that, in recent years, including under Powell, the central bank has stretched the bounds of its remit by pushing politics and entering policy conversations that don\u2019t fit within its mandate.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Warsh, Trump\u2019s Fed pick, confirmed for Board term; chair vote set<\/p>\n","protected":false},"author":3360,"featured_media":2601722,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/05\/AP26111629806675.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651,538],"tags":[79535,32663,79534,39855],"class_list":["post-2601719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","category-washington-examiner","tag-fed-board","tag-federal-reserve","tag-jerome-warsh","tag-senate-confirmation"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/05\/AP26111629806675.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2601719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3360"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2601719"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2601719\/revisions"}],"predecessor-version":[{"id":2601724,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2601719\/revisions\/2601724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2601722"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2601719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2601719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2601719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}