On May 15 local time, the Federal Reserve issued a statement saying that current Chairman Jerome Powell will temporarily serve as "interim chairman" until Kevin Warsh is officially sworn in as chairman. Powell's term as chairman expires this Friday.

2026-05-16

On May 15 local time, the Federal Reserve issued a statement saying that current Chairman Jerome Powell will temporarily serve as "interim chairman" until Kevin Warsh is officially sworn in as chairman. Powell's term as chairman expires this Friday.