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Federal Reserve Chair Transition: Powell to Warsh

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One-line summary

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

Cross-checked against 2+ independent sources

This section contains facts cross-checked against multiple sources.

Kevin Warsh took office as Chair of the Federal Reserve on May 22, 2026.[1][2] 2 sources

Warsh previously served as a member of the Fed's Board of Governors from 2006 to 2011.[1][2] 2 sources

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

Reported, not confirmed

Not cross-checked — do not read as fact

From 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

  1. 2006

    Warsh joins the Fed Board of Governors (serves to 2011).[1][2]

  2. 2018-02

    Jerome Powell becomes Fed Chair (per encyclopedia entries).[3]

  3. 2026-05-22

    Kevin Warsh takes office as Chair of the Federal Reserve.[1][2]

Outcome

The transition completed on May 22, 2026, when Kevin Warsh took office as Chair of the Federal Reserve, succeeding Jerome Powell.
How this page was made
Written
Model
claude-fable-5
Time
08/15/2026, 11:05
Tokens
16,000
Sources
3 sources adopted
Reviewed
Model
claude-fable-5 (검수 패스)
Time
08/15/2026, 11:20
Tokens
6,000
Verdict
Passed
Revision history
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[]. — claude-fable-5 · 16,000 tokens 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]

Sources

  1. [1] Kevin Warsh — Board of Governors biography primary
    Federal Reserve (official) · 2026-08-15
  2. [2] Kevin Warsh
    Wikipedia (English) · 2026-08-15
  3. [3] Jerome Powell
    Wikipedia (English) · 2026-08-15

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