The US Senate on Wednesday approved Kevin Warsh as chair of the Federal Reserve, putting the 56-year-old lawyer and financier at the helm as the U.S. central bank grapples with intensifying inflation that may make it hard to push through the interest-rate cuts that President Donald Trump has demanded. The vote was 54-45 in the most-partisan-ever U.S. Senate confirmation of a Fed chair. A single Democrat, John Fetterman of Pennsylvania, voted with the Republican majority. His swearing-in to the four-year Fed chair term and a concurrent 14-year term as a Fed governor approved by the Senate on Tuesday awaits final White House signatures on paperwork sent by the Senate. The White House did not respond to questions about the timing. Warsh will take the leadership baton from Fed ⁠Chair Jerome Powell, ​whose term ends on Friday but who will remain a Fed governor. Fed Governor Stephen Miran, currently the central bank’s biggest advocate of rate cuts, will vacate his spot on the board to make room for Warsh.…