MS Now

Kevin Warsh confirmed as Federal Reserve chairman

CNBC

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

The Wall Street Journal

Kevin Warsh Fed Chair Senate Vote 9Eab1277

ZeroHedge

Senate Confirms Kevin Warsh As Fed Chair In Most Partisan Vote Ever

Breitbart

Warsh set to take over a divided Fed facing Trump assaults - Breitbart

The New York Times

Kevin Warsh Fed Chair Confirmed.Html

GuntherEagleman

ChrisVanHollen

Jerome Powell

Goldman Sachs

Matthew Martin

Polymarket

Kalshi

Mark Zandi

The Economic Times

Binance

JPMorgan

Adam Turnquist

NerdWallet

RSM US

Hady Farag

John M Veitch

Gregory Daco

Jacob Weinstein

Dean Lyulkin

Dan North

World Oil

Moody's Analytics

Heather Long

"Our base case is no recession for 2026."

"Kalshi places the odds of a recession in 2026 at 25%."

"There is a 27% chance that the US will face a recession by the end of 2026."

"Because of those policy changes and tailwinds, we have reduced our probability of a recession over the next 12 months to 30% from our previous estimate of 40%."

"Looking at the economy, J.P. Morgan Global Research forecasts a 35% probability of a U.S. and global recession in 2026, and sticky inflation will likely remain a prevailing theme."

"Moody’s Analytics model forecasts a 49% chance of a US recession in the next 12 months, the closest probability in years."

"Against this backdrop, we now place the probability of recession at 40%, but stress that those odds could rapidly rise in the event of a more prolonged or severe Middle East conflict."

“There’s real risk of recession [in 2026]."

“If oil prices remain elevated for much longer (weeks and not months), a recession will be difficult to avoid.”

“People are preparing themselves for the fact that we are already in a recession now or that there is a high likelihood we will soon be in one.”

Will the US Economy Enter a Recession in 2026?

The U.S. Senate confirmed Kevin Warsh as Federal Reserve chair on Wednesday in a 54-45 vote, the narrowest confirmation margin ever for a Fed chair. Warsh, 56, succeeds Jerome Powell, whose term as chair ends May 15.

The U.S. Senate confirmed Kevin Warsh as Federal Reserve chair on Wednesday in a 54-45 vote, the narrowest confirmation margin ever for a Fed chair. Warsh, 56, succeeds Jerome Powell, whose term as chair ends May 15.

The vote was nearly entirely along party lines, with Sen. John Fetterman of Pennsylvania the only Democrat to support Warsh. No Fed chair has been confirmed by such a slim margin since Senate approval became a requirement for the role in 1977.

The vote was nearly entirely along party lines, with Sen. John Fetterman of Pennsylvania the only Democrat to support Warsh. No Fed chair has been confirmed by such a slim margin since Senate approval became a requirement for the role in 1977.

Powell plans to remain on the Fed's board of governors after his chairmanship ends, saying the pressure campaign against the central bank left him no choice but to stay. No other Fed chair has returned to the board in nearly 80 years.

Powell plans to remain on the Fed's board of governors after his chairmanship ends, saying the pressure campaign against the central bank left him no choice but to stay. No other Fed chair has returned to the board in nearly 80 years.

A Justice Department criminal probe into Powell's handling of a $2.5 billion renovation of the Fed's Washington headquarters had threatened to delay Warsh's confirmation. U.S. Attorney Jeanine Pirro dropped the case after the Fed's inspector general agreed to review the project.

A Justice Department criminal probe into Powell's handling of a $2.5 billion renovation of the Fed's Washington headquarters had threatened to delay Warsh's confirmation. U.S. Attorney Jeanine Pirro dropped the case after the Fed's inspector general agreed to review the project.

Warsh takes over amid rising inflation, with the annual U.S. consumer price index reaching 3.8 percent in April — a three-year high — driven in part by higher energy prices linked to the Iran war. Investors have largely ruled out a rate cut in 2025, with some traders forecasting a potential rate hike in 2027.

Warsh takes over amid rising inflation, with the annual U.S. consumer price index reaching 3.8 percent in April — a three-year high — driven in part by higher energy prices linked to the Iran war. Investors have largely ruled out a rate cut in 2025, with some traders forecasting a potential rate hike in 2027.

During his confirmation hearing, Warsh pledged to maintain the Fed's monetary independence and said Trump had not asked him to commit to any specific interest rate decision. Trump is also engaged in a legal dispute over his attempt to remove Fed Governor Lisa Cook, a matter now before the Supreme Court.

During his confirmation hearing, Warsh pledged to maintain the Fed's monetary independence and said Trump had not asked him to commit to any specific interest rate decision. Trump is also engaged in a legal dispute over his attempt to remove Fed Governor Lisa Cook, a matter now before the Supreme Court.

Senate Confirms Warsh as Fed Chair in 54-45 Vote

Senate Confirms Warsh as Fed Chair in 54-45 Vote

The Controversies

Turnquist

Kalshi

Polymarket

US

JPMorgan

Analytics

Daco

Long

Zandi

Farag

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters

Senate Confirms Warsh as Fed Chair in 54-45 Vote

Senate Confirms Warsh as Fed Chair in 54-45 Vote

The Controversies

Turnquist

Kalshi

Polymarket

US

JPMorgan

Analytics

Daco

Long

Zandi

Farag

Sign Up for Our Free NewslettersSign Up for Our Free Newsletters

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters