The vote was razor-thin. The stakes are enormous. In a 51–45 showdown, the Senate confirmed Kevin Warsh to the Federal Reserve’s Board of Governors, handing Donald Trump a powerful lever over the world’s most important central bank. Warsh has criticized the Fed’s swollen balance sheet, its regulations, its very voice. Now, as Jerome Powell’s term as chair expires on Friday, markets, politicians, and ordinary Americans are bracing for what comes next. A separate vote looms to elevate Warsh to chair, potentially cementing Trump’s imprint on monetary policy for a generation. Allies call it a necessary course correction. Critics warn of a politicized Fed, cloaked in promises of “independence” yet pulled toward the White House’s agenda. The future of interest rates, inflation, and American sav… Continues…