Senate Banking Committee advances Warsh nomination 13-11 in first fully partisan Fed chair vote

The Senate Banking Committee votes 13-11 to advance Kevin Warsh's nomination to serve as the next Chair of the Federal Reserve - the first fully party-line committee vote on a Fed chair nominee in American history. All 13 Republicans vote yes; all 11 Democrats vote no. Warsh is Trump's pick to succeed Jerome Powell when Powell's term as chair expires in May 2026. (Senate Banking Committee, Apr. 29, 2026)