Kevin Warsh confirmed as next Fed chair — replacing Trump foe Jerome Powell — by US Senate as inflation mounts

Source: New York Post

Kevin Warsh was confirmed as the next Federal Reserve chairman on Wednesday — even as surging inflation has begun to box the central bank into one of its toughest corners in years. The Senate on Wednesday voted 54-45 to elevate President Trump’s pick to Fed chairman, with Sen. John Fetterman (D-Pa.