Senate advances Warsh nomination with final vote for chair as soon as today
May 13, 2026 / By ICBA
The Senate voted 51-45 to confirm Kevin Warsh for a seat on the Federal Reserve board, with a vote on his nomination to serve as Fed chair expected this week.
Next Step: The Senate vote on Warsh’s nomination for Fed chair could come as soon as today. If confirmed, Warsh would replace Jerome Powell, whose term as chairman ends this Friday, May 15.
Background: President Donald Trump in March officially nominated Warsh to replace Powell and serve a four-year term as chair. Warsh served as a Fed governor from 2006 to 2011 and as an economic aide in President George W. Bush’s administration.
ICBA Support: ICBA last month expressed support for Warsh’s nomination, citing his experience and appreciation for the unique and irreplaceable role of community banks. In a national news release earlier this year, ICBA President and CEO Rebeca Romero Rainey congratulated Warsh on his nomination.
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