Senate confirmed Kevin Warsh as a Fed governor, setting up a separate chair vote

The chamber voted 51-45 to place Warsh on the Fed's Board of Governors, with a separate confirmation vote for chair expected later this week

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Kevin Warsh cleared a key Senate vote on Tuesday, winning confirmation to the Federal Reserve's Board of Governors by a 51-45 margin and setting up a separate vote to become chair of the central bank.

The vote was nearly uniform across party lines, with just one Democrat breaking ranks — Sen. John Fetterman of Pennsylvania cast the sole crossover vote in support of Trump's nominee, according to CNBC. The vote on Warsh's chairmanship nomination was expected later this week, according to CBS News.

At 56, Warsh returns to the Fed after a previous stint on the Board of Governors that spanned 2006........

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