I will provide a concise update based on the latest widely reported developments.Here’s the latest on the chair of the Federal Reserve:
Most recent reporting indicates that Kevin Warsh has been named as the White House’s nominee to become the next chair of the Federal Reserve, with Jerome Powell’s term as chair set to end in May 2026. If confirmed by the Senate, Warsh would lead the FOMC and oversee monetary policy going forward.[3]
Coverage notes that the nomination follows a White House process that identified several finalists and sought to expedite confirmation due to Powell’s impending departure, though the Senate still needed to approve the appointment.[3]
Other outlets summarized the political context, emphasizing that Powell’s tenure was under scrutiny and that the White House had been seeking to influence the Fed’s policy direction, with a potential shift in leadership on the horizon.[3]
If you’d like, I can pull the most current official statement from the Federal Reserve or the White House and summarize the confirmation timetable and next steps.[10]
Jerome Powell's term as Federal Reserve chairman will end in May - the bank has been under political pressure from the White House about how it sets interest rates.
www.bbc.co.ukThe Federal Reserve Board of Governors in Washington DC.
www.federalreserve.govHealth Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week. CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role. The item is believed to be one of only a handful of Titanic life jackets still in existence, the auction house said.
www.cbsnews.comThe announcement caps an extensive search that started in September and was spearheaded by Treasury Secretary Scott Bessent, who presented final candidates to the president.
www.cnn.comFederal Reserve chair Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Federal Reserve chair Blogs, Comments and Archive News on Economictimes.com
economictimes.indiatimes.comThe new US Federal Reserve (Fed) Chair, as of now (August 2025), has not officially changed from Jerome Powell, who has been serving since February 2018, with his second term starting in May 2022. How
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