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Senate Confirms Kevin Warsh as Federal Reserve Chair in 54–45 Vote

The Senate confirmed Kevin Warsh as Federal Reserve chair in a 54–45 vote on May 13; he will replace Jerome Powell this week. Warsh’s priorities and ties to the White House could reshape U.S. monetary policy amid political tensions.

The incoming Fed chair Kevin Warsh was approved by the Senate in a 54–45 vote on May 13, 2026, clearing the way for him to replace outgoing chair Jerome Powell when Powell’s term ends on May 15, 2026.

As chair of the Federal Reserve, Warsh will lead the Federal Reserve (the Fed) and the FOMC and thus shape U.S. monetary policy that influences interest rates and inflation.

Warsh’s nomination by President Trump and the closely divided Senate confirmation vote underscore partisan debate over Fed independence and how the central bank should balance inflation control with pressure for lower rates.

Powell’s stated plan to remain on the Board of Governors and confirmation after stepping down as chair could create an unusual internal dynamic at the Fed as Warsh assumes leadership.

What position do you feel closer to?

Warsh & White House allies

Warsh’s confirmation is a much‑needed course correction that will align the Fed more closely with elected leadership and restore focus on growth, jobs, and market confidence.

Fed independence defenders

Kevin Warsh’s confirmation is a setback for Fed independence and heightens the risk that monetary policy will bend to short‑term political demands.

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