Kevin Warsh, President Donald Trump's nominee for Chair of the Federal Reserve, testifies during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building in Washington on April 21, 2026. Andrew Harnik/Getty Images
Federal Reserve Chair Kevin Warsh was sworn in on May 22 and said that he plans to lead a reform-oriented central bank for the next four years.
At his swearing-in ceremony, Warsh said he’s committed to fulfilling the Fed’s core mission of price stability and maximum employment while also bringing changes to the institution.