SMH
·general
·1 hour ago
Senate confirms Kevin Warsh as Federal Reserve chair in narrowest vote ever
The Senate narrowly confirmed Kevin Warsh as Federal Reserve chair Wednesday in a 54-45 vote, the slimmest margin ever for the position. Wall Street's tech stocks rallied, with the S&P 500 rising 0.8 percent and Nvidia up 2.9 percent, though wholesale inflation disappointed.
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