Today's five.

The Senate confirmed Kevin Warsh as the 17th chair of the Federal Reserve on Wednesday, 54–45, with Republicans voting unanimously in favor and only one Democrat, Sen. John Fetterman of Pennsylvania, crossing party lines to support him. Warsh will succeed Jerome Powell, whose term ends Friday, taking charge of the central bank amid persistent inflation and heightened concern over the Fed's independence. Warsh has argued there is room to lower interest rates but pledged to exercise independent judgment rather than follow White House direction. He has also promised sweeping institutional changes at a Fed he views as too large and interventionist.

President Trump arrived in Beijing Wednesday for two days of talks with Chinese President Xi Jinping, his first visit to China since his 2017 first term. The delegation included Eric Trump, Lara Trump, Elon Musk, and Nvidia CEO Jensen Huang, along with Secretary of State Marco Rubio and Defense Secretary Pete Hegseth. Trade dominates the agenda, with Trump pressing Xi to open China's economy to major U.S. tech firms, while Iran, AI, and the status of imprisoned Hong Kong media owner Jimmy Lai are also on the table. Beijing is expected to press Trump on Taiwan, and he has signaled openness to reconsidering the degree of U.S. support for the island, alarming its backers.

Caitlin Clark was assessed her first technical foul of the 2025 season during the Indiana Fever's 87-78 win over the Los Angeles Sparks on Wednesday night. With 20 seconds left in the first half, Clark was called for an offensive foul, surrendering possession to Los Angeles; after the Sparks missed a buzzer-beating 3-pointer, Clark approached referee Jason Alabanza and engaged in a heated exchange, prompting the technical. The call is her ninth of her WNBA career — six came in her rookie season and two prior to Wednesday in 2025. Under the league's new collective bargaining agreement, technical fouls one through three now carry fines of up to $500, up from $200 previously.