Episode

The Federal Reserve under Kevin Warsh

Podcast: Marketplace Morning Report
Published: May 14, 2026
Duration seconds: 395
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Canonical source: https://www.marketplace.org/episode/2026/05/14/the-federal-reserve-under-kevin-warsh
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Summary

Kevin Warsh is officially the next chair of the Federal Reserve. The Senate voted to confirm him to a four-year term on Wednesday. He’ll replace Chair Jerome Powell, who led the central bank for the last eight years. He’ll face a challenging economic environment, worsening inflation, and pressure from President Donald Trump to cut rates. Plus, a look at how median actually rents fell in April and why one Arizona coffee roaster is unable to claim tariff refunds.