Jerome Powell leaves Fed chair role as Kevin Warsh confirmed

Thank you to Jerome Po for keeping your steady hand on the economy for so many years. www.cnn.com/2026/05/15/e...

Trump wants to control interest rates, and he nominated Kevin Warsh to be his sock puppet. Warsh’s confirmation = another step in Trump's attempt to take over the Fed. That's not good for working families—it's good for Wall Street.

"Actions speak louder than words, but Powell's words did real work — talking the country through the pandemic, laying out the cost of fighting inflation, and naming the threat to the Fed's independence." My new piece on Jay Powell's last day as Fed Chair. stayathomemacro.substack.com/p/words-that...

The Senate confirmed Kevin Warsh, Trump’s pick to lead the Federal Reserve. He replaces Jerome Powell. All but one Democrat voted against Warsh’s confirmation, a reflection of their concern about his willingness to uphold the longstanding political independence of the central bank. Very scary! 🫣

The now-ubiquitous idea that "markets always test a new Fed chair" is overstated. Bernanke started early in 2006, a year before the GFC cracks really opened up. Yellen's debut in early 2014 was in a phase of relative macro calm. But somewhat fun that Powell's first day was Volmageddon Monday...

As his term as Chair of the Fed comes to an end, I wish Jerome Powell the very best. I witnessed first-hand his great leadership, his focus on his mandate, and his unwavering commitment to the public interest. He is a role model and a standard-setter for many. He will always be remembered.

The Kevin Warsh who refused to admit Trump lost the 2020 election under oath in his confirmation hearing. Trump wouldn’t have nominated him if he didn’t already own him.

Kevin Warsh confirmed Fed chair on most partisan confirmation vote ever (since Congress mandated vote to confirm chair). Dems likely viewed Warsh too close to Trump, unwilling to distance himself from POTUS even on q of who won 2020 election. Writing's been on the wall; remarkable shift all the same

U.S. SENATE VOTES 54-45 TO APPROVE FEDERAL RESERVE CHAIR KEVIN WARSH; THE CONFIRMATION VOTE FOR WARSH IS THE MOST PARTISAN EVER FOR A FED CHAIR, WITH ONLY ONE DEMOCRAT — JOHN FETTERMAN OF PENNSYLVANIA — SIDING WITH THE REPUBLICAN MAJORITY

Billionaire Kevin Warsh confirmed by Senate to head Federal Reserve. "Following Wednesday’s confirmation vote, Massachusetts Democratic Senator Elizabeth Warren said, ‘Trump wants to control interest rates, and he nominated Kevin Warsh to be his sock puppet.’” www.democracynow.org/2026/5/14/he...

The U.S. Senate voted Wednesday to confirm Kevin Warsh as the next chair of the Federal Reserve. He was approved on a vote of 54 to 45 after Pennsylvania Democrat John Fetterman joined all 53 Republican senators voting in favor of his confirmation.

Kevin Warsh will officially take the lead at the Federal Reserve after U.S. senators voted Wednesday to confirm the economist and former central bank governor to replace Chair Jerome Powell. Sens. Bennet and Hickenlooper of Colorado voted against Warsh's confirmation. By @ashleymurray.bsky.social

Today is Jerome Powell's final day as Fed Chair The end of an era.

Trump heads to Beijing as inflation hits 3.8%, a new Fed chair is confirmed, the FDA chief is out, and the DOJ is probing recent insider trading. America's finances are hurting, and the president says he's not thinking about it. Here’s this week’s snapshot in case you missed it.

Senate confirms new Fed chair as Trump allies warn rate cuts may have to wait Kevin Warsh has promised to remake the central bank. His near party-line confirmation showed how far Washington political divides now extend to the Fed. www.washingtonpost.com/business/202...