Senators gearing up to vote in Warsh as Fed chair by end of week
CNBC Television·2026-05-11 15:01
Well, look, Mor, he's almost there. US senators, they are gearing up to make sure that he is in place as Fed chair by May 15th. Of course, that's Powell's last day, but it is going to take a couple days and at least four different votes for him to get there.That's because senators, they're going to actually first need to vote Wars onto the Fed board. Then they're going to need to vote him for Fed chair. So, we're going to see the first procedural vote.It's actually expected this evening around 6 pm. Then to ...