History of Kevin Warsh in Timeline

Kevin Warsh is an American financier and attorney. He is the designate chair of the Federal Reserve and designate member of the Federal Reserve Board of Governors. He previously served as a member of the Federal Reserve Board of Governors from 2006 to 2011. Warsh's background and experience are primarily in finance and economics, making him a significant figure in monetary policy.

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Full Timeline Career & Achievements

April 13, 1970: Kevin Warsh Born

On April 13, 1970, Kevin Maxwell Warsh was born. He later became the 17th chair of the Federal Reserve.

1987: Appeared in Ironweed

In 1987, Kevin Warsh appeared in the film Ironweed.

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1992: Graduated from Stanford University

In 1992, Kevin Warsh graduated from Stanford University with a bachelor's degree in public policy and considered pursuing a doctorate in economics.

1995: Graduated from Harvard Law School

In 1995, Kevin Warsh graduated cum laude from Harvard Law School with a Juris Doctor degree.

August 1996: Hired as an Associate by Morgan Stanley

In August 1996, Kevin Warsh was hired by Morgan Stanley as an associate and worked on mergers and acquisitions.

1996: Joined Morgan Stanley

In 1996, Kevin Warsh joined Morgan Stanley as an associate specializing in mergers and acquisitions.

April 2002: Named Special Assistant to President Bush

In April 2002, President George W. Bush appointed Kevin Warsh as a special assistant to the president for economic policy and the executive secretary of the National Economic Council. Also in April 2002, Warsh married Jane Lauder.

July 2005: Considered for Federal Reserve Board vacancy

In July 2005, the Bush administration considered appointing Kevin Warsh to a vacancy on the Federal Reserve Board of Governors.

January 2006: Financial Disclosure

In January 2006, Kevin Warsh's filing to the Office of Government Ethics revealed that he and his wife, Jane Lauder, had assets totaling US$65.3 million, with Warsh's personal and joint accounts holding between US$916,000 and US$2.07 million. The Financial Markets Center noted that he was the wealthiest individual to serve on the board in many years.

January 27, 2006: Nominated to Federal Reserve Board of Governors

On January 27, 2006, President George W. Bush nominated Kevin Warsh to serve on the Federal Reserve Board of Governors.

February 14, 2006: Appeared before Senate Committee

On February 14, 2006, Kevin Warsh appeared before the Senate Committee on Banking, Housing, and Urban Affairs and discussed potential complications for the Federal Reserve due to the slowing housing market.

February 24, 2006: Sworn in as Member of Federal Reserve Board of Governors

On February 24, 2006, Kevin Warsh was sworn in as a member of the Federal Reserve Board of Governors by Vice President Dick Cheney.

May 2006: Federal Reserve Hedge Fund Regulations

In May 2006, Kevin Warsh stated that the Federal Reserve should intensify efforts to regulate hedge funds.

February 2007: Expressed Optimism Amid Financial Fears

In February 2007, Kevin Warsh remained optimistic about market liquidity despite mounting fears of a worldwide financial crisis.

September 2009: Expressed Hawkish Beliefs on Interest Rates

In September 2009, Kevin Warsh expressed the belief that the Federal Reserve should be prepared to raise interest rates.

February 2010: Call for Regulatory Coordination

In February 2010, Kevin Warsh called for countries to coordinate on regulatory reform.

February 10, 2011: Announced Resignation

On February 10, 2011, Kevin Warsh announced that he would resign as a member of the Federal Reserve Board of Governors at the end of March.

September 2012: iPhone 5 Impact on Economy

In September 2012, Kevin Warsh claimed that the release of the iPhone 5 would have a greater impact on the economy than the Federal Reserve's efforts at quantitative easing.

May 2018: Federal Reserve Cryptocurrency Suggestion

In May 2018, Kevin Warsh suggested that the Federal Reserve should consider using blockchain technology to establish its own cryptocurrency.

January 2026: Nomination for chair of the Federal Reserve

In January 2026, Donald Trump considered retaining Hassett at the National Economic Council, but then The New York Times reported that Trump was planning to nominate Kevin Warsh as chair of the Federal Reserve. Trump announced his nomination of Warsh for the position. This nomination occurred amidst a federal investigation into Powell, leading to North Carolina Senator Thom Tillis blocking the nomination pending the investigation's conclusion. Bessent aimed to proceed with hearings despite the blockade.

April 2026: Asset Disclosure

In April 2026, Kevin Warsh disclosed over US$100 million in assets, including holdings in the Juggernaut Fund, a hedge fund associated with the Duquesne Family Office.

April 2026: Senate Committee Hearing

In April 2026, as Kevin Warsh's committee hearing approached, several Republican senators, including Senate Majority Leader John Thune, expressed discontent with the investigation into Powell. On April 21, Warsh appeared before the Senate Committee on Banking, Housing, and Urban Affairs, asserting his independence and advocating for reforms to the Federal Reserve. After the hearing, the Department of Justice ended its inquiry into Powell, clearing the path for Warsh's confirmation. Tillis ended his objections, and the Senate Committee voted to advance Warsh to the Senate on April 29. Thune filed cloture on Warsh's nomination the following day.

May 11, 2026: Senate Vote to Advance Nomination

On May 11, 2026, the Senate voted to advance Kevin Warsh's nomination in a 49–44 vote. While mostly along party lines, Democratic senators John Fetterman and Chris Coons voted in favor.

May 22, 2026: Sworn in as chair of the Federal Reserve

On May 22, 2026, Kevin Warsh was sworn in as chair of the Federal Reserve by Justice Clarence Thomas at the White House, marking the first time since Alan Greenspan in 1987 that a chair took office in the White House.