Warsh’s Fed Nomination Clears First in Series of Senate Votes

Kevin Warsh’s nomination to the Federal Reserve Board of Governors on Monday cleared the first in a series of Senate votes planned this week to install him as chair of the US central bank.

The Senate voted 49-44 on Monday evening to advance Warsh through a procedural obstacle, setting up a vote Tuesday to confirm him to the Fed board. A separate Senate vote confirming Warsh to succeed Jerome Powell as chairman of the board is expected later in the week.

Kevin Warsh at a Senate confirmation hearing in April.

Photographer: Graeme Sloan/Bloomberg

Two Democrats, John Fetterman of Pennsylvania and Chris Coons of Delaware, voted for Warsh.

Warsh’s confirmation has ...