Mengenal Kevin Warsh, Sahabat Trump yang Gantikan Powell di The Fed – detikFinance

Kevin Warsh officially assumed the role of Governor of the Federal Reserve on May 15, 2026, succeeding Jerome Powell. The appointment follows a confirmation vote in the U.S. Senate, where Warsh was approved by a margin of 54 to 45.

The transition occurs as Jerome Powell’s term concludes on May 15, 2026, ending an eight-year tenure as the head of the central bank.

This appointment marks a return to the Federal Reserve for Warsh, who previously served as a governor of the institution from 2006 to 2011.

Proposed Policy Shifts and Regime Change

Warsh has indicated a desire to implement what he describes as a regime change regarding the policies of the U.S. Central bank. His primary objectives include reducing the size of the Federal Reserve’s balance sheet and limiting the extent of large-scale interventions in financial markets.

These goals align with Warsh’s long-standing criticisms of the Federal Reserve’s approach to monetary policy. He has specifically questioned the bank’s handling of inflation and the degree to which the institution intervenes in market activities.

Approach to Market Communication

A central point of Warsh’s critique involves the Federal Reserve’s use of forward guidance. He has argued that the central bank provides too much direction to the markets, which he believes can be counterproductive.

Warsh has stated that the central bank risks becoming a prisoner of its own words if it provides excessive public signals regarding its policy intentions.

Political Context and Independence

The appointment of Warsh has drawn attention due to his close relationship with President Donald Trump. During the Senate confirmation process, Warsh addressed these concerns by asserting his independence as a policymaker.

He explicitly rejected the notion that he would align interest rate decisions with the preferences or directives of the White House.

Despite these assurances, the appointment has triggered concerns among members of the Democratic party regarding the future direction of the Federal Reserve.