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Kevin Warsh Sworn In as 17th Federal Reserve Chair as Powell's Term Ends

The US Senate voted 54-45 on May 13 to confirm Kevin Warsh as the next chair of the Federal Reserve. His four-year term officially begins on May 15, the day Jerome Powell's chairmanship expires, making Warsh the 17th Fed chair and the first new face at the helm of the central bank in eight years.