Senate confirms Kevin Warsh as Fed governor, clears way for chair vote

Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him on the central bank Board of Governors. The upper chamber voted to approve Warsh's nomination by a 51-45 vote, on a mostly party-line basis. Only Sen. John Fetterman, D-Pa., crossed lines to vote for President Donald Trump's pick. Next up for the nominee, who sat on the board rom 2006-11, is the vote to be chair, which is expected Wednesday. …