The U.S. Senate has confirmed President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy.

The Senate confirmed Kevin Warsh to the Federal Reserve board, advancing Trump's pick to lead the central bank, despite months of legal disputes.

President Donald Trump's pick for Fed chair Kevin Warsh was confirmed by the Senate on Wednesday in a 54-45 vote, the most divisive confirmation in the modern era — but that might not be enough for Trump,

The Senate voted Tuesday to confirm Kevin Warsh to the Federal Reserve’s board of governors and also voted to advance his nomination to serve as chairman of the central bank, where he will have significant influence over future interest rates.

Kevin Warsh promised to remake the Federal Reserve. Stubborn inflation and a divided policy committee may force him to fight yesterday’s battle first.