NewsThe GuardianMay 13, 2026United States
Kevin Warsh Confirmed as Federal Reserve Chair
The Senate has confirmed Kevin Warsh to replace Jerome Powell as the chair of the Federal Reserve. Meanwhile, President Donald Trump has arrived in Beijing for diplomatic meetings with Chinese officials.
Read the full story at The GuardianWhy It Matters
Changes in Federal Reserve leadership significantly impact national economic policy and interest rates.
Key Facts
- Kevin Warsh has been confirmed as the new Federal Reserve chair.
- Donald Trump arrived in Beijing for a diplomatic visit.
- Han Zheng and David Perdue greeted the President upon his arrival.