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Senate Votes to Confirm Kevin Warsh as Next Fed Chair | Bloomberg Businessweek Daily 5/13/2026, Sonic AI
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Senate Votes to Confirm Kevin Warsh as Next Fed Chair | Bloomberg Businessweek Daily 5/13/2026
Bloomberg Businessweek Daily
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May 13, 2026
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56:51
Interview
Senate Votes to Confirm Kevin Warsh as Next Fed Chair | Bloomberg Businessweek Daily 5/13/2026
From
Bloomberg Businessweek Daily
Carol Masser
(Bloomberg Businessweek host and analyst, Bloomberg Businessweek Daily)
•
Tim Stenovec
(Host, Bloomberg Businessweek Daily)
•
Kevin Warsh
(Incoming Federal Reserve Chair)
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Executive Summary
Senate is confirming Kevin Warsh as the new Federal Reserve Chair amidst resurgent inflation and political debate over the Fed's independence.
A high-profile U.S.
presidential and business delegation, including CEOs from NVIDIA, Apple, and Tesla, is visiting China, highlighting the critical but tense economic relationship, particularly in technology.
Geopolitical tensions in the Middle East are impacting global energy markets, with China being a key buyer of Iranian oil, though analysts believe the U.S.
dollar's safe-haven rally may be over.
Ford's stock surged after Morgan Stanley highlighted the significant, potentially undervalued potential of its energy storage business, valued at a possible $10 billion, driven by a partnership with CATL.
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Keep pulling the thread on Kevin Warsh.
Federal Reserve Leadership Transition and Inflationary Pressures
US-China Economic Diplomacy and Tech Competition
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Processed May 13, 2026
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