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"Sen. Warren's reasons for opposing Kevin Warsh as Fed chairman."

May 1, 2026
"Sen. Warren's reasons for opposing Kevin Warsh as Fed chairman."
Kent Nishimura/Getty Images

It's a move that will shake the very foundation of our economy, and it's happening right before our eyes. On June 25, 2025, the Senate Banking Committee made a shocking decision that will set the stage for a confirmation vote in the full Senate. The committee voted 13-11 along party lines to approve Kevin Warsh, President Trump's pick to replace Fed Chairman Jerome Powell.

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