"Key Senate Committee Clears Path for Kevin Warsh to Lead Fed. In a significant development for the Federal Reserve, a key Senate committee has voted to advance President Biden's nominee, Kevin Warsh, to head the central bank. Warsh, a former Fed governor and member of the president's economic advisory council, has been a top contender for the position. His confirmation by the full Senate would mark a major shift in the Fed's leadership, with implications for monetary policy and the US economy."
The move paves the way for the Senate to confirm Kevin Warsh, the president's nominee to head the central bank.