Senate confirms Kevin Warsh as next chair of the Federal Reserve

Kevin Warsh won Senate approval to be the next chairman of the Federal Reserve. He takes over at a time when soaring gasoline prices have put upward pressure on inflation. Andrew Harnik/Getty Images North America hide caption toggle caption Andrew Harnik/Getty Images North America President Trump's pick to lead the Federal Reserve won Senate confirmation on Wednesday, just in time to officially take over as the leader of the central bank this week. …