Author: Al Jazeera
Published on: 12/05/2026 | 00:00:00

AI Summary:
Kevin Warsh has been confirmed by the United States Senate to join the Federal Reserve’s Board of Governors. The Senate vote on Tuesday passed 51-45, with a single Democrat casting his vote with the Republican majority to confirm Warsh for a 14-year term. Warsh is one of 12 votes on the Federal Open Market Committee. Warsh's confirmation comes amid efforts by the Trump administration to exert control over the Fed. The DOJ dropped its investigation into Powell’s management of a building renovation.

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