Kevin Warsh confirmed as Federal Reserve chair
The Senate has confirmed Kevin Warsh to lead the Federal Reserve. He will succeed Jerome Powell, whose term is concluding. (sources: nbcnews, abcnews, cbsnews, thehill, axios)
The Senate confirmed Kevin Warsh as the next Federal Reserve chair, concluding a period of uncertainty following a probe into Jerome Powell. Warsh's confirmation is expected to influence monetary policy moving forward.
- Kevin Warsh has been confirmed by the Senate as the next Federal Reserve chair.
- Warsh will succeed Jerome Powell, whose term ends soon.
- The confirmation follows the decision to drop an investigation into Powell.
Why it matters
Warsh's leadership may shape future monetary policy and economic strategies at the Federal Reserve.
↓ Why this is on ModernAction
2 bills on this issue are moving right now — and the most active one is Federal Reserve Transparency Act of 2025.
S2327 · 119th Congress
Federal Reserve Transparency Act of 2025
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About this bill
What S2327 actually does
This story is about Senate confirms Kevin Warsh as Federal Reserve chair. This bill would Require a GAO “full audit” of the Fed Board and Reserve Banks on a 12‑month timeline.
If passed, it would:
- Require a GAO “full audit” of the Fed Board and Reserve Banks on a 12‑month timeline • Remove/relax certain statutory audit restrictions so GAO would review additional Fed activities.
1 other bill moving on this issue
Take action on any of them individually.
This story is about Kevin Warsh confirmed as next Federal Reserve chair. This bill would A new Fed Chair will oversee crisis-lending operations; this bill would require the Fed to review and remediate discount-window operations a.
If passed, it would
- Require a Fed review + remediation plan for discount-window operations • Require annual reporting to Congress on implementation progress.