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Fed names Powell as chair pro tempore until Warsh is sworn in

By Reuters Reuters
FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., April 29, 2026. REUTERS/Kevin Lamarque/File Photo
FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., April 29, 2026. REUTERS/Kevin Lamarque/File Photo Kevin Lamarque Reuters

WASHINGTON - The Federal Reserve Board on Friday said it has named Jerome Powell as chair pro tempore until Kevin Warsh is sworn in as the new head of the U.S. central bank.

(Reporting by Daphne Psaledakis and Bhargav Acharya; editing by Michelle Nichols )

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 15, 2026 at 5:13 PM.

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