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U.S. Senate Confirms Kevin Wash as Federal Reserve Governor with 14-Year Term on May 12

2026-05-12 23:11:36

According to CCTV News, on May 12, the U.S. Senate confirmed Kevin Wash as a Federal Reserve Governor with a 14-year term. The Senate is expected to immediately initiate confirmation proceedings for Wash to become Federal Reserve Chair, with procedural voting potentially completed as early as May 13. Current Chair Jerome Powell's term ends on May 15.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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