Senate confirms Kevin Warsh as next chair of the Federal Reserve

Kevin Warsh won Senate approval to be the next chairman of the Federal Reserve. He takes over at a time when soaring gasoline prices have put upward pressure on inflation.

Warsh has argued there’s room for the central bank to lower interest rates, but that could be challenging at a time of rising inflation.

(Image credit: Andrew Harnik)

Source Author
Author: Source Author

Source: NPR.

Written by

Scott Horsley

in

More posts