Two Democrats cross aisle to advance Warsh’s Fed chair nomination
Summary
Two Democratic senators joined Republicans to support advancing Kevin Warsh’s nomination to the Federal Reserve Board of Governors. This vote moves Warsh closer to confirmation as the chair of the Federal Reserve, nominated by President Trump.Key Facts
- Two Democratic senators voted with Republicans to advance Warsh’s nomination.
- Kevin Warsh is nominated to be chair of the Federal Reserve by President Trump.
- The Senate voted to move forward Warsh’s nomination to the next stage.
- The confirmation vote for Warsh is expected soon.
- The Federal Reserve Board of Governors oversees U.S. monetary policy and economic stability.
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