The Senate confirmed Kevin Warsh’s nomination to a 14-year term on the Federal Reserve’s Board of Governors on Tuesday, teeing up a final vote to make the ally of President Donald Trump the central bank’s next chair. The 51-45 vote was largely along party lines, with Sen. John Fetterman of Pennsylvania the only Democrat to vote in favor of the former Fed governor and Wall Street banker’s nomination to the board. The Senate is expected to confirm Warsh’s nomination to lead the Fed for a four-year term as soon as tomorrow.
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