POWELL CONFIRMED TO STAY AS INTERIM FED CHAIR UNTIL WARSH IS SWORN IN — THE HANDOVER IS OFFICIAL
POWELL CONFIRMED TO STAY AS INTERIM FED CHAIR UNTIL WARSH IS SWORN IN — THE HANDOVER IS OFFICIAL
The Federal Reserve has confirmed that Jerome Powell will continue serving as interim Chairman beyond the official end of his term, remaining in the role until Kevin Warsh completes the swearing-in process and formally takes the helm. The transition is now locked in — Warsh is the next Fed Chair, and Powell is simply holding the fort until the paperwork clears. For markets that have spent months speculating on Fed leadership uncertainty, this confirmation removes a key overhang and clarifies the chain of command at one of the world's most powerful financial institutions.