00:00Kevin Warsh will be the next U.S. Federal Reserve chair, tasked with avoiding a recession for an economy struggling
00:06with inflation.
00:07The U.S. Senate approved Warsh on Wednesday in the most partisan confirmation of a Fed chair ever.
00:13He's expected to face pressure from U.S. President Donald Trump over soaring costs.
00:18Current Chair Jerome Powell has resisted Trump's calls to slash interest rates, placing him at odds with the president.
00:24It's unclear whether Warsh, who's known as an inflation hawk, will pursue cuts at the Fed's next meeting in June.
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