Kevin Warsh Wins Confirmation as Fed Chair, as the Inflation Gauge Hits 3.8%

The Senate approves the Federal Reserve's new leader 54-45, one day after new figures from the Labor Department show consumer prices accelerating, and not only due to oil stuck at the Strait of Hormuz. How will Warsh approach the job of getting back to 2%, and what's the legacy of outgoing Chair Jerome Powell?

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