Trump's Fed pick clears a major hurdle
President Donald Trump's pick to replace Federal Reserve Chair Jerome Powell just got one step closer to confirmation. The White House can breathe a sigh of relief after the Senate Banking Committee advanced Kevin Warsh's nomination along party lines in a 13-11 vote on Wednesday. Warsh's nomination is now headed to the Senate floor, where he is expected to be confirmed in a simple majority vote. 'This is a necessary and appropriate measure.'Warsh's main hurdle was none other than Republican Sen....
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