Kevin Warsh Inherits a Split FOMC and 4.97% Long Bond
Kevin Warsh took the oath as Fed chair on May 22, 2026, inheriting an 8-4 FOMC and a 30-year Treasury near 5%. June 16-17 is his first meeting.
federal reserve chair
Warsh Takes Fed Chair: Bond Yields Fall as Powell Era Ends
Kevin Warsh was sworn in as Fed Chair on May 22, replacing Jerome Powell. Treasury yields fell across the curve in his first week.