Fastnews
Mar 12, 2026

SENATE DRAMA 51-45 Vote Gives President Donald Trump One of Biggest Wins of His Presidency

Senate Confirms Kevin Warsh to Federal Reserve Board in 51-45 Vote, Advancing Trump’s Economic Agenda

The Senate on Tuesday confirmed Kevin Warsh to the Federal Reserve’s Board of Governors in a 51-45 vote, delivering a significant victory for President Donald Trump’s efforts to reshape the central bank. The confirmation advances Trump’s plan to install Warsh as the next chair of the Federal Reserve, succeeding Jerome Powell whose term as chair expires Friday

Warsh, a former Fed governor from 2006 to 2011, is a longtime critic of the central bank’s policies on balance sheet size, bank regulation, and communication practices. He has indicated openness to interest rate cuts in recent statements, aligning with Trump’s repeated calls for lower rates.

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