Kevin Warsh to be sworn in as Federal Reserve chair on Friday
Warsh will lead the central bank as it faces inflation and pressure for interest-rate cuts, after the Senate approved his nomination Wednesday.
- On Friday, President Donald Trump will swear in Kevin Warsh as the new chairman of the Federal Reserve at the White House, according to a White House official's statement reported by Fox Business on Monday.
- The Senate confirmed Warsh's appointment last Wednesday, positioning the 56-year-old lawyer and financier to lead the central bank through an economic landscape marked by inflationary pressures.
- Before succeeding Fed Chair Jerome Powell, Warsh testified before the Senate Banking Committee on Capitol Hill on April 21, 2026, establishing his credentials during the confirmation process.
- The appointment signals a fresh start in relations between the Oval Office and the Fed after eight years of friction, a global pandemic, and the fight with high inflation.
- Trump's nominee faces a difficult path as the Fed grapples with challenges that may complicate the interest-rate cuts the president has demanded to address the economic landscape.
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57 Articles
Inflation fears persist globally
The Iran war’s inflationary pressures were unlikely to abate, analysts warned, even as US President Donald Trump said “serious negotiations” were underway with Tehran. Ratings agency Moody’s chief economist warned that the Federal Reserve would be forced to consider rate hikes. Traders are roughly 50-50 on rates either staying flat or rising by year-end, which would pile pressure on incoming Fed Chair Kevin Warsh: Trump nominated him on the expe…
Seven questions for Kevin Warsh, newly confirmed as Chairman of...
The Federal Reserve is at the center of the pure paper money system of the United States and the world. As the Fed transitions to a new chairman, it is timely to consider some questions about this remarkable, powerful, dangerous, and allegedly "independent" institution. Here are seven questions for the new chairman, Kevin Warsh, and his colleagues: Do we need a national price fixing committee for interest rates? Nothing is more obvious in free m…
New Fed Chair Pledges ‘Regime Change’ to Fight Inflation—Here’s What That Could Mean in Practice
Newly confirmed Federal Reserve Chair Kevin Warsh, pledging new tactics to fight inflation, faces an uphill battle to keep rising prices in check. At his April 21 Senate confirmation hearing, Warsh called for “a regime change in the conduct of policy” at the Fed under former chair Jerome Powell, whose tenure saw annual inflation exceed 8 percent during the Biden administration and has failed since 2021 to keep inflation below its target. “Once…
New president of the Fed takes office armed with the promise to promote a regime change, supposedly to strengthen the credibility of the Fed
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