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Warsh faces first big test on Capitol Hill as Trump’s Fed vision comes into focus

The Senate Banking Committee will vote Wednesday on President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, in a key test of how much influence the White House can exert over the central bank.If he clears committee, Warsh's nomination heads to the Senate floor, where Republicans' narrow majority leaves little room for defections if they want to place Trump's pick at the helm of the Fed for the next four years.The Federal Reserve operates largely out of public view, but its influence touches nearly every corner of the U.S. economy — shaping borrowing costs, job growth and inflat...