Kevin Warsh confirmed as Federal Reserve chair replacing Jerome Powell

May 22, 2026, 4:17:08 PM UTC(4 hours ago)

Impact: High

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The United States Senate confirmed Kevin Warsh as the next chair of the Federal Reserve in a 54-45 vote on May 13 2026
Warsh officially replaces Jerome Powell whose term as chair expired on May 15 2026 though Powell remains on the board as a governor
Financial disclosures certified in April 2026 revealed Warsh holds personal investments in crypto-native projects including Solana and Polymarket
Following the confirmation Bitcoin prices remained relatively stable hovering around 79500 dollars as markets weighed a 3.8 percent inflation rate against rate-cut expectations
The Federal Reserve Board temporarily named Jerome Powell as chair pro tempore on May 15 2026 until Warsh is officially sworn into office

JUST IN: 🇺🇸 Pro-crypto Kevin Warsh officially sworn in as Federal Reserve Chair, replacing Jerome Powell. https://t.co/sXtzklW5Mi