business
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Kevin Warsh Appointed Federal Reserve Board Chairman
June 12, 2026
Why it matters locally: As chairman of the Federal Reserve, Warsh will influence monetary policy decisions affecting interest rates on mortgages, business loans, and savings accounts for Indiana residents and businesses across the state's key industries.
Kevin Warsh assumed the roles of chairman and member of the Board of Governors of the Federal Reserve System. Following this, the Federal Open Market Committee (FOMC) conducted a vote. The FOMC unanimously selected Warsh as its chairman.
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