Jerome Powell leaves Fed chair role as Kevin Warsh confirmed

Thank you to Jerome Po for keeping your steady hand on the economy for so many years. www.cnn.com/2026/05/15/e...

"Actions speak louder than words, but Powell's words did real work — talking the country through the pandemic, laying out the cost of fighting inflation, and naming the threat to the Fed's independence." My new piece on Jay Powell's last day as Fed Chair. stayathomemacro.substack.com/p/words-that...

The now-ubiquitous idea that "markets always test a new Fed chair" is overstated. Bernanke started early in 2006, a year before the GFC cracks really opened up. Yellen's debut in early 2014 was in a phase of relative macro calm. But somewhat fun that Powell's first day was Volmageddon Monday...

As his term as Chair of the Fed comes to an end, I wish Jerome Powell the very best. I witnessed first-hand his great leadership, his focus on his mandate, and his unwavering commitment to the public interest. He is a role model and a standard-setter for many. He will always be remembered.

"The market always tests a new Fed chair." Rhymes with the reality that there's always uncertainty in markets. Always something to worry about, always something to spook investors. Sort an availability bias/attention bias kind of thing. @danielcrosby

Billionaire Kevin Warsh confirmed by Senate to head Federal Reserve. "Following Wednesday’s confirmation vote, Massachusetts Democratic Senator Elizabeth Warren said, ‘Trump wants to control interest rates, and he nominated Kevin Warsh to be his sock puppet.’” www.democracynow.org/2026/5/14/he...

The U.S. Senate voted Wednesday to confirm Kevin Warsh as the next chair of the Federal Reserve. He was approved on a vote of 54 to 45 after Pennsylvania Democrat John Fetterman joined all 53 Republican senators voting in favor of his confirmation.

Today is Jerome Powell's final day as Fed Chair The end of an era.

Trump heads to Beijing as inflation hits 3.8%, a new Fed chair is confirmed, the FDA chief is out, and the DOJ is probing recent insider trading. America's finances are hurting, and the president says he's not thinking about it. Here’s this week’s snapshot in case you missed it.

Senate confirms new Fed chair as Trump allies warn rate cuts may have to wait Kevin Warsh has promised to remake the central bank. His near party-line confirmation showed how far Washington political divides now extend to the Fed. www.washingtonpost.com/business/202...

Can we imagine that this lying fool was actually in the running for Fed Chair? open.substack.com/pub/aaronrup...

I'm sorry but I'm going to need a second opinion on this new inflation calculation from outgoing fed stooge Miran. Somebody page @justinwolfers.bsky.social plz. finance.yahoo.com/markets/arti...

I remember Silicon Valley Bank. It was not pretty, but it was addressed so fast it didn't impact anything. I wonder how a similar situation would unfold today, with a new Fed Chair and a new, let's say chaotic, administration.

Today was the last day of Jerome Powell as Fed Chairman. This is the beginning of the end for the American economy. Get ready for things to get much worse especially the debt.

Kevin Warsh has been confirmed by the Senate as the next Federal Reserve chair, succeeding Jerome Powell. This confirmation marks a significant change in leadership at a critical economic juncture. #FederalReserve #News