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AXIOS (Neil Irwin) - Kevin Warsh confirmed to lead Federal Reserve

Kevin Warsh has been confirmed as the 17th leader of the Federal Reserve , becoming America's economist-in-chief at a moment of resurgent inflation, public discontent with the economy and unprecedented attacks on the Fed's independence. Driving the news: Warsh was confirmed to a four-year term as Fed chair Wednesday by a 54-to-45 Senate vote. He received unanimous support from Republicans but only one "aye" vote from a Democrat, John Fetterman of Pennsylvania. - Warsh takes the helm of the central bank after Jerome Powell's term ends Friday. The big picture: Warsh has promised sweeping change at an institution that he argues has grown too unwieldy and inclined to intervene in the economy. - He inherits buoyant financial markets and an…

NYTIMES (Andrew Duehren and Zolan Kanno-Youngs) - Trump Administration Pushes I.R.S. to Identify Undocumented Immigrants

The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda.

NYTIMES (Julian E. Barnes, Mark Mazzetti and Dustin Volz) - Chinese Firms Plot Secret Arms Sales to Iran, U.S. Officials Say

The effort involves plans to send weapons through other countries in an effort to hide the origins of the shipments.