(FILES) (FILES) Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. The US Senate on May 13 confirmed Kevin Warsh as the new Federal Reserve Chairman to lead a central bank whose independence is under attack and with inflation at a three-year high. (Photo by Mandel NGAN / AFP via Getty Images)