Senate confirms Kevin Warsh as Fed chair as Trump's economic vision comes into focus

The Senate confirmed Kevin Warsh as the new Federal Reserve chair, replacing Jerome Powell, with a vote of 54-45, marking a new era under President Donald Trump's economic vision. Warsh, a lawyer and financier, has signaled a break from the central bank's current approach and aims to keep monetary policy independent. He will take over at a pivotal moment with persistent inflation and economic fallout from the war in Iran.