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Kevin Warsh Takes Oath as Federal Reserve Chair

The Federal Reserve said Kevin Warsh was sworn in on May 22 as Chair and as a member of the Board of Governors of the Federal Reserve System. The central bank added that the Federal Open Market Committee (FOMC) unanimously elected Warsh as its chair the same day. President Trump nominated Warsh on March 4, 2026. The U.S. Senate confirmed him as a Board member on May 12 and as Chair on May 13. Warsh's term as Fed Chair runs through May 21, 2030. His term as a member of the Board of Governors extends through January 31, 2040.
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