Kevin Warsh Takes the Fed Chair With a Skeptic's View on Low Rates

Kevin Warsh was sworn in as Federal Reserve chairman on May 22, 2026. The former Fed governor (2006–2011) and onetime youngest board member questions extended monetary accommodation—the low rates and bond-buying that follow crises. His skepticism about unconventional policy now steers decisions on interest rates and the Fed's $7+ trillion balance sheet.