Warsh will lead the central bank at a time when its independence has come under scrutiny amid political pressure.Published On 22 May 202622 May 2026Kevin Warsh has been sworn in as the new chair of the United States Federal Reserve Board of Governors, succeeding Jerome Powell, who has held the position since 2018.Warsh took the oath of office on Friday, following a contentious nomination period, with the Senate voting along party lines on both his confirmation to the Board of Governors and as chairman. Only Pennsylvania Senator John Fetterman broke with his Democratic colleagues to advance his nomination.Recommended Stories list of 4 itemsend of listWarsh, 56, will lead the central bank at a time when...
Warsh will lead the central bank at a time when its independence has come under scrutiny amid political pressure.Published On 22 May 202622 May 2026Kevin Warsh has been sworn in as the new chair of the United States Federal Reserve Board of Governors, succeeding Jerome Powell, who has held the position since 2018.Warsh took the oath of office on Friday, following a contentious nomination period, with the Senate voting along party lines on both his confirmation to the Board of Governors and as chairman. Only Pennsylvania Senator John Fetterman broke with his Democratic colleagues to advance his nomination.Recommended Stories list of 4 itemsend of listWarsh, 56, will lead the central bank at a time when...
