The U.S. Senate has confirmed Kevin Warsh, President Trump's choice, to lead the Federal Reserve. This transition occurs during a challenging period for the global economy.

<img alt="Man with dark, hair in blue suit sitting at a desk" height="349" src="https://i.cbc.ca/ais/f5b79c47-f4d2-47ca-806e-369564c146b2,1778699660283/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C312%2C6000%2C3375%29%3BResize%3D%28620%29" title="Kevin Warsh testifies during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington Tuesday, April 21, 2026." width="62...