May 11, 2026congressional actionmonetary policySenate confirmationsFederal Reservecentral bankingmonetary policySenate confirmationFederal Reserve independence
Senate invokes cloture 51-46 on Warsh Fed chair nomination, clearing path for final vote
The U.S. Senate voted 51-46 on May 11, 2026, to invoke cloture on Kevin Warsh's nomination as Federal Reserve Chair, cutting off debate and teeing up a final confirmation vote before Jerome Powell's term expired on May 15. The Senate Banking Committee had advanced Warsh's nomination 13-11 along party lines on April 29. Warsh, a former Fed governor and American Enterprise Institute fellow, had pledged to keep the Fed focused on its monetary policy mandate and not stray into broader economic policy.