Flash: Warsh confirmed by the Senate! Kevin Warsh is officially appointed to the Fed and is set to lead Fed monetary policy.

ORIGINAL快訊》華許成功闖關參議院！Kevin Warsh 正式確認進入聯準會，即將接掌 Fed 貨幣政策

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A new era is dawning for the Fed! According to the latest flash news, the U.S. Senate has officially voted 51 to 45 to confirm Kevin Warsh to the Federal Reserve Board. With the April CPI data coming in hot and inflation proving sticky, how this new policymaker will steer the future path of U.S. interest rate cuts has become the top focus of global financial markets. The highest decision-making body of U.S. monetary policy has officially finalized a major personnel appointment! According to the latest news posted on the social media platform X by the well-known financial news account Walter Bloomberg (@DeItaone), the U.S. Senate has just concluded a key vote, officially confirming Kevin Warsh to the Federal Reserve Board with a final tally of 51 votes in favor and 45 against. With the term of current Fed Chair Jerome Powell set to expire this week, the market is certain that Warsh will take the helm as the next leader of the Fed. Against the grim backdrop of the U.S. Bureau of Labor Statistics reporting earlier today that the April CPI year-on-year growth rate rebounded to 3.8%, signaling an "overheating" economy, the timing of Warsh's entry into the Fed is critical. Wall Street and the global cryptocurrency market are holding their breath to see what stance this new policymaker will take toward combating inflation at the upcoming June FOMC meeting and in the latest dot plot, which will directly determine the fate of liquidity for risk assets in the second half of this year. SENATE CONFIRMS KEVIN WARSH TO FEDERAL RESERVE BOARD IN 51-45 VOTE — *Walter Bloomberg (@DeItaone) May 12, 2026

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