New Fed chief inherits an institution split over rates, with inflation stuck above the 2% goal and energy costs climbing due to the Iran war

New Fed chief inherits an institution split over rates, with inflation stuck above the 2% goal and energy costs climbing due to the Iran war

Rate hikes now loom as a possibility for Warsh's Fed, a sharp turn from the rate-cut environment that defined Trump's search for a new chair

The Senate confirmed Warsh last week in a largely party-line vote. A former top Fed official, Warsh will become chair at an unusually difficult time for the independent agency.

Kevin Warsh was sworn in Friday at the White House as Chairman of the Board of Governors of the Federal Reserve System, succeeding Jerome Powell in one of the world’s most…

Inflation is rising and there is a consensus forming among economists that interest rates should not come down in the near future.

President Donald Trump says he wants new Federal Reserve chair to be 'totally independent'

Kevin Warsh was sworn in as Fed chair on May 22, 2026, bringing a crypto-friendly background to the role amid high inflation and political pressure for independence.

WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are…

Kevin Warsh was sworn in as chair of the Federal Reserve for a four-year term on Friday, as financial markets watch US monetary policy amid persistent inflation pressures.

Kevin Warsh has officially assumed the role of US Federal Reserve chair, with President Trump emphasizing his independence and urging a focus on economic growth.

U.S. President Donald Trump inaugurated Kevin Warsh as Federal Reserve chair on May 22 amid rising inflation linked to the Iran war.