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Cristina Bodea, Professor of Political Science, Michigan State University

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

The nomination of Kevin Warsh as Federal Reserve chair is reviving a debate about Fed independence. AP Photo/Jose Luis Magana

Kevin Warsh is now likely to secure Senate approval on May 13, 2026, as the next Federal Reserve chair – and become arguably the most powerful central banker in the world. But when Warsh appeared before the Senate Banking Committee for his confirmation hearing in April, one punchy question underscored the dilemma that Warsh, lawmakers and the Fed all face:

“Are you going to be the president’s human sock puppet?” asked Republican Senator John Kennedy of Louisiana.

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