Washington Policy Pulse

Federal Reserve Leadership Changes

Federal Reserve Leadership Changes

Key Questions

Who is the new Federal Reserve Chair and when was he sworn in?

Kevin Warsh was sworn in as Fed Chair by President Trump. He replaces the prior leadership amid shifting economic conditions.

What factors are driving current inflation concerns at the Fed?

Rising inflation is linked to Iran-related energy price increases. The Fed is monitoring these external shocks alongside domestic data.

What internal debates are occurring on Fed rate policy?

Officials are discussing adjustments to interest rates and the balance sheet. Warsh has publicly contrasted his views with prior Fed approaches.

Kevin Warsh sworn in as Fed Chair amid rising inflation from Iran/energy prices; internal debate on rate policy and balance sheet.

Sources (2)
Updated May 25, 2026
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