How Kevin Warsh will navigate his tricky new position as Fed chairman under Trump
Kevin Warsh is set to take over as Federal Reserve Chairman amid pressure from President Trump to lower interest rates. His initial challenge will be to manage inflation while navigating the political landscape shaped by Trump's previous conflicts with Jerome Powell. Warsh is expected to focus on reforming the Fed's policies and research rather than immediately pursuing rate cuts.
- ▪Kevin Warsh will officially become the Federal Reserve Chairman on Friday.
- ▪President Trump appointed Warsh to lower interest rates, a task complicated by rising inflation.
- ▪Warsh plans to shift focus from monetary policy to reforming the Fed's institutional practices.
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Charles Gasparino Business on the money How Kevin Warsh will navigate his tricky new position as Fed chairman under Trump By Charles Gasparino Published May 22, 2026, 7:00 a.m. ET See more of our coverage in your search results. Add The New York Post on Google If Federal Reserve Chairman Kevin Warsh can’t cut interest rates, how will he appease President Trump, who gave him his new job to sharpen his ax and do precisely that? Try changing the subject. That’s the word from Fed watchers – including those who know Warsh well – who have been mapping out what they believe he will do after officially taking over as head of the nation’s central bank on Friday.
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