In June 2026, Kevin Warsh will take over as Chair of the Federal Reserve Board. Current Fed chair Jerome Powell’s term ends on May 15, and the U.S. Senate is expected to confirm Warsh sometime that week.
Warsh has stated an intention to change the way the Fed operates. But the first order of business, as far as investors are concerned, is to provide action, or at least clear guidance, on the direction of interest rates in 2026.
