Kevin Warsh

Kevin Maxwell Warsh (born April 13, 1970) is an American financier and attorney who has served as the 17th chair of the Federal Reserve and a member of the Federal Reserve Board of Governors since 2026. Warsh previously served as a member of the Federal Reserve Board of Governors from 2006 to 2011. Warsh graduated from Stanford University with a bachelor's degree in public policy in 1992 and from Harvard Law School with a Juris Doctor in 1995. He worked for Morgan Stanley from 1995 to 2002, specializing in mergers and acquisitions. In 2002, President George W. Bush named Warsh as a special assistant to the president for economic policy and the executive secretary of the National Economic Council. Warsh's work involved handling the aftermath of multiple significant accounting scandals, including representing the Bush administration in discussions over the Sarbanes–Oxley Act. Bush nominated Warsh to serve on the Federal Reserve Board of Governors in 2006. He served as a lieutenant to the board's chairman, Ben Bernanke, particularly in responding to the 2008 financial crisis. As the Federal Reserve's central liaison to financial markets, Warsh was involved in the sale of Bear Stearns to JPMorgan Chase, the bankruptcy of Lehman Brothers, and the bailout of American International Group. After opposing a plan to purchase US$600 billion in Treasury securities, a move favored by Bernanke, Warsh resigned in 2011. After his resignation, he was a lecturer at the Stanford Graduate School of Business until 2026. In January 2026, President Donald Trump named Warsh as his nominee to serve as the chair of the Federal Reserve, succeeding Jerome Powell. His nomination was delayed over a federal investigation into Powell. The Senate voted to confirm Warsh as a member of the Federal Reserve Board of Governors and as the chair of the Federal Reserve...