ABA Applauds Senate Confirmation of Kevin Warsh as Federal Reserve Chair

"ABA congratulates Kevin Warsh on his Senate confirmation to serve as chair of the Federal Reserve Board. Chair Warsh will bring deep experience and a steady hand to this critical role, informed by his prior service on the Board during an extraordinarily challenging economic period. As someone who used to work alongside Chair Warsh, I have seen firsthand his strong understanding of monetary policy, financial markets and the essential role banks play in the economy. We look forward to working with him to further strengthen our financial system and spur economic growth. We also thank outgoing Chair Powell for his two terms leading the Federal Reserve and for his years of public service."

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About the American Bankers Association

The American Bankers Association is the voice of the nation's $25.3 trillion banking industry, which is composed of small, regional and large banks that together employ over 2 million people, safeguard $20.1 trillion in deposits and extend $13.5 trillion in loans.