BREAKING: Senate Confirms Kevin Warsh as Federal Reserve Governor, Clearing Way to Replace Powell

President Trump’s nominee to replace Jerome Powell as Federal Reserve Chair is now just one step away from being confirmed!

The Senate has officially confirmed Kevin Warsh to the Federal Reserve’s Board of Governors, clearing the path for a final vote to confirm him as Federal Reserve Chair.

Here are the details:

NEW: Kevin Warsh clears the Senate to take a seat back on the Federal Reserve’s Board of Governors — and now the spotlight shifts to the Fed’s top job.

Trump’s pick was confirmed 51–45, pushing past early doubts about whether he had the votes.

The Senate is expected to fully… pic.twitter.com/OGA98yVXYT

— Fox News (@FoxNews) May 12, 2026

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NEW: Kevin Warsh