Kevin Warsh is officially the chairman of the Federal Reserve.

• Kevin Warsh is officially sworn in as the new Federal Reserve Chair.
• President Trump praises Warsh's strong academic background and experience, including mentorship by Milton Friedman and George Shultz.
• Warsh takes office facing persistent inflation above 2% for over five years, with recent wholesale prices soaring 6% due to energy costs and tariffs.

Kevin Warsh is sworn in as the Federal Reserve Chair on May 22, 2026, with President Trump highlighting his extensive qualifications and emphasizing his independence. He assumes leadership amidst persistent inflation above the Fed's 2% target, further pressured by tariffs and surging oil prices, posing a significant challenge.