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.

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

Kevin Warsh, a former Fed governor with Solana and Polymarket investments, will be sworn in as Federal Reserve Chair on May 22 after a 54-45 Senate vote.