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Who is Kevin Warsh?
Warsh is an economist and former Federal Reserve governor who returned to the Board of Governors in 2026 as its chair. The Federal Reserve’s official biography, last updated June 17, 2026, records his education and career.
- He earned an AB from Stanford University in 1992 and a JD from Harvard Law School in 1995.
- From 1995 to 2002, he worked at Morgan Stanley, serving as vice president and executive director.
- From 2002 to 2006, he served as special assistant to the president for economic policy and executive secretary of the National Economic Council. He was also a member of the President’s Working Group on Financial Markets.
- He served as a member of the Federal Reserve Board of Governors from 2006 to 2011.
- After leaving the Board, he was a distinguished visiting fellow in economics at Stanford’s Hoover Institution, a lecturer at Stanford Graduate School of Business, and a partner at Duquesne Family Office.
When did Warsh become Fed chair, and how long is his term?
The Senate confirmed Warsh on May 13, 2026. Its official roll-call record shows 54 votes in favor, 45 against, and one senator not voting. The Senate Banking Committee had held an open nomination hearing on April 21, 2026, for Warsh to serve as a member and chairman of the Board of Governors; its hearing listing identifies the session.
The Federal Reserve says Warsh took office as chair on May 22, 2026. The chair term is four years and ends May 21, 2030. His separate term as a Board member ends January 31, 2040. These are distinct terms: the Board term does not extend the four-year chair term. As chair, he also chairs the Federal Open Market Committee.
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What has Warsh said about Federal Reserve independence and its role?
In written responses for his 2026 nomination hearing, Warsh said, “Fed independence is up to the Fed.” He also wrote, “I firmly believe in the independence of the Federal Reserve on monetary policy, and if confirmed, will maintain strict independence.” These are statements in the nomination record, not a description of a later chair decision.
On the Fed’s institutional scope, Warsh wrote: “The Federal Reserve must stay in its lane. Federal Reserve independence is placed at greatest risk when it strays into policies where it has neither authority nor expertise. If confirmed, I will ensure the Federal Reserve is focused on its congressionally mandated functions.” Both responses appear in the Senate Banking Committee’s written nomination responses.
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These remarks establish his stated positions in the nomination context. They do not, on their own, set out a complete monetary-policy program or establish what interest-rate decision he would favor.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Where is the official Kevin Warsh Federal Reserve photo?
The portrait source is the Federal Reserve’s official biography page, which links an image labeled “Photo of Chairman Kevin Warsh.” That establishes the image’s source, but the page does not state the photograph’s reuse license. Check for separate licensing terms before republishing or adapting it.
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