Federal Reserve Chair Transition: Powell to Warsh
Kevin Warsh took office as Chair of the Federal Reserve on May 22, 2026, succeeding Jerome Powell, who had led the U.S. central bank since February 2018.
What changed
Kevin Warsh took office as Chair of the Board of Governors of the Federal Reserve System on May 22, 2026, per the Fed's official biography, succeeding Jerome Powell.[1][2]
The official biography lists his chair term as running to May 21, 2030, with his separate governorship term extending to January 31, 2040.[1]
Encyclopedia entries record Powell's tenure as chair from February 2018 to May 2026 — two pages of the same outlet, so this is filed as a claim rather than a cross-verified fact.[2][3]
Who Kevin Warsh is
Warsh served on the Fed's Board of Governors from 2006 to 2011, and was executive secretary of the National Economic Council (2002-2006) before that. Earlier he worked at Morgan Stanley, and after leaving the Fed he was a fellow at Stanford's Hoover Institution and a partner at Duquesne Family Office.[1][2]
Verified facts
Each fact is labelled with its evidence typeEach fact in this section carries its evidence type — either cross-checked against independent sources, or confirmed from a single authoritative record.
Kevin Warsh took office as Chair of the Federal Reserve on May 22, 2026.[1][2] 2 sources · independent
Warsh previously served as a member of the Fed's Board of Governors from 2006 to 2011.[1][2] 2 sources · independent
Before the Fed, Warsh served as executive secretary of the National Economic Council from 2002 to 2006 and worked at Morgan Stanley.[1][2] 2 sources · independent
Reported, not confirmed
Not cross-checked — do not read as factFrom here on: claims and speculation that are not cross-checked.
Warsh's chair term runs to May 21, 2030; his governorship term extends to January 31, 2040.[1] single-source ×1 · official biography (single source)
Jerome Powell served as Fed Chair from February 2018 to May 2026.[2][3] single-source ×2 · encyclopedia — two pages of the same outlet
After leaving the Board in 2011, Warsh was a Hoover Institution fellow and a partner at Duquesne Family Office.[1] single-source ×1 · official biography (single source)
Timeline
Outcome
- Model
- claude-fable-5
- Time
- 08/15/2026, 11:05
- Body characters
- 783
- Sources
- 3 sources adopted
- Model
- claude-fable-5 (review passed)
- Time
- 08/15/2026, 11:20
- Verdict
- Passed
Show revision history (2)
| 08/15/2026, 11:05 | First authored (claude-fable-5) | Created |
| 08/15/2026 | New document (user-directed English batch). Fed leadership changes are looked up for years ("who is the Fed chair"), and this one anchors the /en/ economy vertical. Take-office date and prior Fed service cross the Fed's official biography + encyclopedia; term end dates are official-single-source claims; Powell's tenure rests on two same-outlet encyclopedia pages and is honestly filed as a claim. Linked to the kevin-warsh person entity registered earlier today via people[]. | Updated |
Frequently asked
Who leads the Federal Reserve now?
Kevin Warsh, who took office as Chair on May 22, 2026 per the Fed's official biography. He previously served as a Fed governor from 2006 to 2011.[1][2]
When did Jerome Powell leave?
Encyclopedia entries record his chair tenure as February 2018 to May 2026, ending when Warsh was sworn in on May 22, 2026.[1][2][3]
How long is the new chair's term?
The Fed's official biography lists a four-year chair term ending May 21, 2030, with a separate governorship term to January 31, 2040.[1]
Official links
- Official Federal Reserve — Board members
Sources
- [1] Kevin Warsh — Board of Governors biography primary
- [2] Kevin Warsh
- [3] Jerome Powell