Warsh confirmed Fed Chair as Powell exits amid tariff-driven inflation
Key Questions
Who has been confirmed as the new Federal Reserve Chair?
Kevin Warsh was officially confirmed and sworn in as Fed Chair following Jerome Powell's departure.
What monetary policy approach is Warsh expected to pursue?
He plans to maintain low interest rates despite rising inflation pressures from tariffs and global economic uncertainty.
How might auto tariffs affect Canada according to recent comments?
Canada's ambassador warned that proposed auto tariffs could trigger a 13% collapse in vehicle sales.
Warsh confirmed; low rates strategy amid tariff inflation and global uncertainty; Canada ambassador critiques auto tariffs with 13% projected sales collapse.
Sources (2)
Updated May 22, 2026