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Numbers of the Day May 13, 2026 · 6:56 pm ET Source: Axios Politics

One Democrat Crosses Over, Fed Independence Narrows

54-45
Senate vote confirming Kevin Warsh as Fed chair

Republicans held unanimous, Fetterman gave them their lone Democratic cover. Warsh has telegraphed sweeping structural changes at the Fed and arrives with markets buoyant — which means when the next rate fight comes, Trump will claim vindication for the pressure campaign that drove Powell out. The institutional tell: a central bank chair confirmed on a near-party-line vote is a central bank chair who knows who put him there.

Source: Axios Politics · link RuleofLawExecutiveEconomyConstitution
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