Kevin Warsh Sworn In as Fed Chair With Lowest Senate Votes Ever Amid Independence Concerns
Key takeaways
- Bank of America (BAC) earnings remain highly sensitive to Fed policy and loan demand as rate-sensitive sectors like regional banks and REITs wait for relief that inflation data are not delivering.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and S&P Global wasn t one of them.
- Kevin Warsh takes the oath as Federal Reserve chair on Friday in a White House ceremony, only the second Fed swearing-in held at the executive mansion in nearly 40 years.
Kevin Warsh Sworn In as Fed Chair With Lowest Senate Votes Ever Amid Independence Concerns Omor Ibne Ehsan Mon, May 25, 2026 at 6:10 PM GMT+7 4 min read NVDA BAC SPGI Quick Read S&P Global (SPGI) said the Iran conflict is doing increasingly evident damage to growth and prices, with headline PCE at 3.5% year-over-year in March 2026 and energy inflation spiking 11.56% month-over-month. Bank of America (BAC) earnings remain highly sensitive to Fed policy and loan demand as rate-sensitive sectors like regional banks and REITs wait for relief that inflation data are not delivering.
New Fed Chair Kevin Warsh inherits a hawkish committee and elevated inflation backdrop that justify holding rates steady, which protects him from White House pressure for near-term cuts and shifts the policy burden to inflation data rather than presidential loyalty.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and S&P Global wasn t one of them. Get them here FREE.