Kevin Warsh is expected to be confirmed as the new Chair of the U.S. Federal Reserve by May 15, 2026, following the conclusion of Jerome Powell's term. The U.S. Senate is scheduled to vote on Warsh's nomination on May 11, after the Senate Banking Committee approved him along partisan lines. Warsh, nominated by President Trump, is known for advocating lower interest rates.
Prediction markets show a 99.8% probability of Warsh's confirmation by May 15, reflecting strong market confidence in his succession. The anticipated leadership change is a significant event in U.S. monetary policy, with the Senate vote being the final step in the confirmation process. Observers are closely watching for any procedural delays or opposition that could impact the outcome.
Kevin Warsh Poised to Succeed Powell as Fed Chair by May 15
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