Kevin Warsh is set to replace outgoing Fed chair Jerome Powell, who has been a frequent target of President Trump's criticism.

May 13 (UPI) -- The U.S. Senate voted to confirm Kevin Warsh on Wednesday as the new chairman of the Federal Reserve. Warsh, who was nominated by President Donald Trump, succeeds Jerome Powell, who has been frequently criticized by the president for not lowering interest rates in accordance with Trump's demands.

The Senate voted 54 to 45 to confirm Kevin Warsh as Federal Reserve chair, who like Trump has advocated for lower interest rates.

Kevin Warsh was confirmed as the new Federal Reserve chair by the Senate, ushering in a new era at the central bank.

WASHINGTON: The US Senate on Wednesday (May 13) confirmed Kevin Warsh as the new Federal Reserve chairman to lead a central bank whose

The Senate confirmed President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy. Warsh, 56, a former top Fed official, was confirmed Wednesday in a largely party-line 54-45 vote and will…

Warsh, 56, a former top Fed official, will become chair at an unusually difficult time for the independent agency.

The Senate on Wednesday approved Kevin Warsh as chair of the Federal Reserve, putting the 56-year-old at the helm as the central bank grapples with intensifying inflation.

The Federal Reserve Board has confirmed Kevin Warsh as the new chair, succeeding Jerome Powell, whose term ends on Friday. US President Donald Trump’s picked candidate was aimed to succeed...

The upper chamber voted to approve Warsh's nomination by a 51-45 vote, on a mostly party-line basis.