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Kevin Wash to Be Confirmed as Fed Chair, Taking Over on May 15

GateNews

2026-05-10 03:58:13

According to Golden Ten, Kevin Wash is set to be confirmed by the Senate on Monday and officially take over as Federal Reserve Chair from Jerome Powell on May 15. The transition marks a significant leadership change at the Fed. Meanwhile, the U.S. inflation report due on Tuesday will be a key market driver for the week ahead, as investors closely monitor price pressures amid volatile commodity markets.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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