GlobalNews411

Comprehensive reporting, aggregated for speed.

allentown

Kevin Warsh named new Federal Reserve chair

Economist and former Fed governor Kevin Warsh has succeeded Jerome Powell as chair of the Federal Reserve.

Published May 22, 2026, 1:50 PM EDT | WFMZZ

Kevin Warsh, an economist and former member of the Federal Reserve Board of Governors, is now chair of the central bank. He replaces longtime chair Jerome Powell.