July 14-15, 2026 · Recent development

Federal Reserve records list Warsh's semiannual Monetary Policy Report testimony before the House Financial Services Committee on July 14 and the Sena...

Federal Reserve records list Warsh's semiannual Monetary Policy Report testimony before the House Financial Services Committee on July 14 and the Senate Banking Committee on July 15, documenting his first major congressional monetary-policy appearance as chair.

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May 22, 2026 · Recent development

Warsh took the oath as chairman and a member of the Federal Reserve Board. The FOMC unanimously selected him as its chairman the same day. Powell rema...

Warsh took the oath as chairman and a member of the Federal Reserve Board. The FOMC unanimously selected him as its chairman the same day. Powell remained on the Board as a governor after the transition.

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May 13, 2026 · Recent development

The Senate confirmed Warsh's nomination to a four-year term as Federal Reserve chairman by a 54-45 vote. He had been confirmed as a Board member the p...

The Senate confirmed Warsh's nomination to a four-year term as Federal Reserve chairman by a 54-45 vote. He had been confirmed as a Board member the previous day.

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Biography

Background & current role

Kevin M. Warsh took office as chairman of the Board of Governors of the Federal Reserve System on May 22, 2026, for a four-year term ending May 21, 2030. He also serves as chairman of the Federal Open Market Committee and as a member of the Board of Governors, with a Board term ending January 31, 2040.

Warsh previously served on the Federal Reserve Board from 2006 to 2011. Before that service he worked at Morgan Stanley and served in the George W. Bush White House as special assistant to the president for economic policy and executive secretary of the National Economic Council. After leaving the Board, he was affiliated with Stanford University's Hoover Institution and Graduate School of Business and worked at Duquesne Family Office.

President Donald Trump nominated Warsh on March 4, 2026. The Senate confirmed him as a Board member on May 12 and as chairman on May 13 by a 54-45 vote. He was sworn in on May 22, the date the Federal Reserve's official leadership history records as the end of Powell's chairmanship and the start of Warsh's.

Role snapshot

Position & relationship

Position / relationship
Chairman, Board of Governors of the Federal Reserve System
Affiliation / context
Federal Reserve Board / independent central bank
Directory
Institutions
Profile status
Current Federal Reserve chair
Service dates
Federal Reserve chairman since May 22, 2026; current chair term ends May 21, 2030; Board term ends January 31, 2040
Role history & transitions

Documented current/future role notes

  • Federal Reserve records list Warsh's semiannual Monetary Policy Report testimony before the House Financial Services Committee on July 14 and the Senate Banking Committee on July 15, documenting his first major congressional monetary-policy appearance as chair.
  • Warsh took the oath as chairman and a member of the Federal Reserve Board. The FOMC unanimously selected him as its chairman the same day. Powell remained on the Board as a governor after the transition.
  • The Senate confirmed Warsh's nomination to a four-year term as Federal Reserve chairman by a 54-45 vote. He had been confirmed as a Board member the previous day.
Claims & evidence

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