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Federal Reserve
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The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics le
The Eccles Building in Washington, D.C., which serves as the Federal Reserve System's headquarters
The Eccles Building in Washington, D.C., which serves as the Federal Reserve System's headquarters
Obverse of a Federal Reserve $1 note issued in 2021
Obverse of a Federal Reserve $1 note issued in 2021
Ben Bernanke (lower right), former chairman of the Federal Reserve Board of Governors, at a House Financial Services Committee hearing on February 10,
Ben Bernanke (lower right), former chairman of the Federal Reserve Board of Governors, at a House Financial Services Committee hearing on February 10, 2009. Members of the board frequently testify before congressional committees such as this one. The Senate equivalent of the House Financial Services Committee is the Senate Committee on Banking, Housing, and Urban Affairs.
Board of governors in April 2019, when two of the seven seats were vacant
Board of governors in April 2019, when two of the seven seats were vacant
Kevin Warsh
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Kevin Maxwell Warsh 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 se
Federal Reserve
…renominated as many times as the president chooses, until their terms on the board of governors expire. On May 13, 2026, the United States Senate confirmed Kevin Warsh in a 54–45 vote to succeed Powell as the 17th chair of the Federal Reserve, with Powell's term expiring on May 15, 2026. The current members of the…
Official portrait, 2026
Official portrait, 2026
Warsh as a member of the Board of Governors, c. 2006
Warsh as a member of the Board of Governors, c. 2006
Warsh at his first Federal Open Market Committee press conference in June 2026
Warsh at his first Federal Open Market Committee press conference in June 2026