The Senate confirmed Kevin Warsh as the next Federal Reserve Chair on May 13 by a narrow 54-45 vote, with Pennsylvania Democrat John Fetterman providing the sole Democratic crossover amid partisan divisions, propelling trader consensus to 100% on his outcome and pricing Judy Shelton and Michelle Bowman near zero. This followed Senate approval of Warsh's Fed Board of Governors seat and advancement through the Banking Committee, solidifying President Trump's nominee to succeed Jerome Powell, whose term ends May 15. The commanding position reflects the final confirmation vote as ground truth for market resolution, with realistic challenges limited to unforeseen procedural reversals, health issues, or late withdrawals—none currently indicated.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · DiperbaruiSenate Banking Committee holds hearing on Kevin Warsh nomination
The Senate Banking Committee held a hearing on Warsh's nomination, where Republicans praised him and Democrats questioned his independence. The hearing was a key step in the confirmation process amid ongoing concerns about the DOJ investigation.

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