Kevin Warsh Clears Key Hurdle To Become The Next Fed Chair

Source: International Business Times

Kevin Warsh's nomination to lead the Fed was approved by the Senate Banking Committee on Wednesday. C-SPAN The Senate Banking Committee approved on Wednesday Kevin Warsh's nomination to be the next chair of the Federal Reserve, clearing a key hurdle for his confirmation. The vote fell along party lines, with 13 Republicans voting in favor of it and 11 Democrats against the nomination.