Federal Reserve
May 6 – May 22, 2026 Updated May 22
Every published chapter of The Fold's coverage of Federal Reserve, in one place — oldest to newest, updated as the story develops.
Fed holds rates for third meeting; Powell to stay on as governor after term ends
The Federal Open Market Committee voted 8-4 to keep rates at 3.5-3.75% in chair Jerome Powell's last meeting at the helm. Mr Powell said he will remain on the board after his term as chair ends on May 15.
Kevin Warsh set to take over Federal Reserve as Powell’s term ends
Kevin Warsh is preparing to assume the Federal Reserve chairmanship as Jerome Powell’s term concludes. Markets are pricing rising odds of a 2026 rate increase as the Iran conflict keeps oil prices and inflation elevated.
Kevin Warsh sworn in as Fed chair as Trump urges him to "do your own thing"
Kevin Warsh took the oath of office from Supreme Court Justice Clarence Thomas at the White House on Friday, becoming the 17th chair of the Federal Reserve in the first such ceremony held at the executive mansion since Alan Greenspan in 1987.