The Federal Reserve's New Chair: What Warsh's Confirmation Means for Monetary Policy Kevin Warsh, a former member of the Federal Reserve's Board of Governors, has been confirmed as the next chair of the central bank.
His confirmation is significant because it signals a shift in the Fed's approach to monetary policy.
The Federal Reserve: A Primer on Its Role in Shaping Monetary Policy The Federal Reserve is the central bank of the United States, responsible for implementing monetary policy to promote maximum employment and price stability.