# @cgtneurope on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DYUvuvxIMOB
- **Gondola URL:** https://gondola.cc/posts/65615656-cgtneurope-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/c2892a764c.jpg
- **Posted:** 2026-05-14T15:30:17.000+00:00
- **Account Owner:** CGTN Europe (@cgtneurope) — https://gondola.cc/cgtneurope

## Caption

The United States Senate has confirmed former Wall Street banker Kevin Warsh as the new chair of the Federal Reserve’s Board of Governors, in a 54-45 vote.⁣
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Warsh’s swearing-in to both positions awaits final White House signatures on paperwork sent by the Senate. Jerome Powell's term as chair ends on Friday.⁣
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Warsh says he plans "regime change" at the Fed, including tightening its coordination with the Treasury Department and the Trump administration on non-monetary policies and setting it on course for a smaller balance sheet, which he argues should allow for a lower policy rate.⁣
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#KevinWarsh #DonaldTrump #InterestRates #FederalReserve

## Stats

- **Views:** 0
- **Likes:** 16
- **Shares:** 0
- **Comments:** 0

## Tags

federalreserve, interestrates, kevinwarsh, donaldtrump

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