Article #25788
South China Morning Post - World News
| Title | Warsh confirmed as Federal Reserve chair, as US central bank faces Trump assault | Source | South China Morning Post - World News |
| Description | The US Senate on Wednesday confirmed Kevin Warsh as the new Federal Reserve chairman to lead a central bank whose independence is under attack and with inflation at a three-year high. The Senate voted 54 to 45 to in favour of Warsh, with Republicans holding a slim majority and ensuring US President Donald Trump’s nominee to replace Jerome Powell was confirmed. Once known as a monetary “hawk” against inflation, Warsh has shifted in line with Trump’s push for lower interest rates that has posed an... | ||
| Link | https://www.scmp.com/news/world/united-states-canada/article/3353480/warsh-confirmed-federal-reserve-chair-us-central-bank-faces-trump-assault?utm_source=rss_feed | Published At | 2026-05-13 15:42:18 (2 months ago) |
| Created At | 2026-05-13 15:44:20 | Updated At | 2026-05-13 15:44:20 |