People
Jerome Powell
Former Chair of the Federal Reserve Board, Federal Reserve · since 2018
Fed chair from 2018 until his successor was confirmed in 2026; led the FOMC through the post-pandemic inflation, the 2022–2023 hiking cycle and the 2024–2025 cuts.
In the news
Warsh sworn in as Fed chair at White House; Powell stays on as governor
Kevin Warsh was sworn in as Federal Reserve chair on May 22, 2026, with Justice Clarence Thomas administering the oath in the White House East Room.
Management
Senate confirms Kevin Warsh as Fed chair by 54-45, most divisive vote since 1913
The Senate confirmed Kevin Warsh as Federal Reserve chair on May 13, 2026 by a 54-45 vote, with Fetterman again the only Democrat backing him.
Management
Justice Department subpoenas the Fed in Powell probe; gold jumps to record above $4,600
Jerome Powell disclosed that the Justice Department had served the Federal Reserve with subpoenas, in a probe tied to his testimony about the central bank's building renovations.
Legal