"Confirmation hearings are political theater rather than substance, and he [was] plenty smart enough to avoid saying anything tangible."

The Senate confirmed Kevin Warsh as Federal Reserve Chair in a 54–45 vote. Warsh will replace Jerome Powell, whose term as Chair ends on May

With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.

Fed Governor Stephen Miran, a major supporter of more interest-rate cuts, resigned in light of Kevin Warsh’s arrival as Chair replacing Jerome Powell.

Paring down the central bank's balance sheet, or doing nothing at all, poses potentially dire consequences for the stock market.

Kevin Warsh, the new Trump-appointed Federal Reserve chair officially takes over Friday for the other Trump-appointed Fed chair, Jerome Powell, whose term is up after eight years.

The new Fed chair believes inflation is linked to money. That will serve him well.

The bearish case on rate-sensitive regulated utilities at current levels is building, and NextEra Energy (NYSE:NEE) at $95.68 is the cleanest example of what Kevin Warsh’s commitment to quantitative tightening will do to the group.