Kevin Warsh, President Donald Trump’s nominee for Chair of the Federal Reserve, is sworn in to testify during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building in Washington on April 21, 2026. Andrew Harnik/Getty ImagesKevin Warsh, President Donald Trump’s nominee to replace Jerome Powell as chair of the Federal Reserve, called for a “regime change” at the central bank.At his April 21 confirmation hearing, Warsh reaffirmed the importance of Fed independence, but he touted reforms to restore the century-old institution’s credibility.
Fed Chair Nominee Kevin Warsh Advocates Central Bank Regime Change in Senate Grilling
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