Kevin Warsh was sworn in as the Federal Reserve Chair on May 22, 2026, amid rising inflation and economic challenges. President Trump urged Warsh to maintain independence in his role. Fed governor Christopher Waller indicated a shift in policy stance, suggesting that inflation concerns may prevent near-term rate cuts and could lead to future rate hikes if inflation does not improve.
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Kevin Warsh was sworn in as the Federal Reserve Chair on May 22, 2026, amid rising inflation and economic challenges. President Trump urged Warsh to maintain independence in his role. Fed governor Christopher Waller indicated a shift in policy stance, suggesting that inflation concerns may prevent near-term rate cuts and could lead to future rate hikes if inflation does not improve.
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