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CBC Top Stories

May 13, 2026

U.S. Senate votes to approves Trump's pick for Federal Reserve chair

The U.S. Senate has confirmed President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy.

CNBC World News

May 13, 2026

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.

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