Senate Banking Committee advances Kevin Warsh's nomination as Federal Reserve chair on party-line vote.
The Senate Banking Committee voted 13-11 along party lines on Wednesday to approve Kevin Warsh as the next Federal Reserve chair, advancing his nomination to the full Senate. The vote came after Senator Thom Tillis dropped his blockade of the nomination following the DOJ's decision to close its investigation into current Fed Chair Jerome Powell. The full Senate confirmation vote is expected no earlier than May 11, with Powell's term as chair ending May 15.
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Divergence score
This event sits in the top 10% of divergence this week. 15 outlets covered it, splitting into 15 framing camps across 4 bias groups.
15 camps
4 bias groups
Market signalBETA
The spectrum · how 15 outlets placed this story
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Washington Post
NPR
Supportive of action
Neutral
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International angle
The split, in one line
Coverage now splits between procedural n...
How each outlet covered it
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Fed chair nominee Kevin Warsh advances to Senate confirmation vote
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Fed holds rates as Kevin Warsh closes in on confirmation
Warsh, Trump's Fed chair pick, moves closer to confirmation
Fed chief nominee Warsh clears key hurdle toward Senate confirmation vote
Fed chief nominee Kevin Warsh clears key hurdle in Senate, on track to succeed Jerome Powell
Fact ledger · what actually happened, cross-checked