Kevin Warsh is barely a week into his tenure as Federal Reserve Chairman, and he’s already signaling the ideological direction of his leadership. The newly sworn-in chair has appointed two outside advisers to help guide his transition, with Paul Winfree, a conservative economist with deep ties to the Heritage Foundation and Project 2025, being the most notable name.
From nomination to gavel in record time
Warsh’s path to the Fed’s top seat moved quickly by Washington standards. President Trump nominated him on March 4, 2026. The Senate confirmed him as a Board member on May 12, then as Chairman just one day later on May 13.
He was sworn in on May 22, 2026. The whole process, from nomination to taking the oath, took roughly two and a half months.
Warsh isn’t new to the building. He previously served as a Federal Reserve Governor from 2006 to 2011, a stretch that included navigating the worst financial crisis since the Great Depression.
