The Federal Reserve Board announced that Kevin Warsh took the oath of office as chairman and as a member of the Board of Governors of the Federal Reserve System. In the same update, the Federal Open Market Committee unanimously selected Warsh as its chairman. Warsh was nominated by President Donald J. Trump on March 4, 2026. The United States Senate confirmed him to serve as a member of the Board on May 12 and as chairman of the Board on May 13. His term as chairman runs until May 21, 2030, and his term as a member of the Board runs until January 31, 2040.
Federal Reserve Board2026-05-22
Federal Reserve Board swears in Kevin Warsh as chair and the Federal Open Market Committee elects him chair
The Federal Reserve Board announced that Kevin Warsh has taken the oath of office as chairman and as a member of the Board of Governors, and that the Federal Open Market Committee unanimously selected him as its chairman. Warsh was nominated by President Donald J. Trump and confirmed by the United States Senate, with his term as chairman running until May 21, 2030 and his term as a Board member running until January 31, 2040.