Warsh, nominated by President Trump, assumes leadership of the Federal Reserve and FOMC with terms extending to 2030 and 2040.
Kevin Warsh was sworn in as Federal Reserve chair on May 22, 2026, following his confirmation by the U.S. Senate. The Federal Open Market Committee unanimously selected him as its chairman the same day.
President Donald J. Trump nominated Warsh on March 4, 2026. The Senate confirmed him as a Board member on May 12 and as chair on May 13. His term as chair expires May 21, 2030, while his Board membership extends to January 31, 2040.
Warsh’s appointment follows a period of transition at the Fed, with markets closely watching for signals on monetary policy direction under his leadership.