WASHINGTON, D.C. — Berkshire Hathaway Chairman Warren Buffett endorsed Kevin Warsh as Federal Reserve Chairman during public comments in Washington, D.C. on July 15, 2026. Buffett described the appointment as a strong selection for the nation's central bank leadership role.

He stated that Kevin Warsh is a “Good choice” for Federal Reserve Chairman. The endorsement came as Warsh prepared to address the Senate Banking Committee regarding his approach to monetary policy and independence.

“He cares about the country,” he said during his remarks. The investor emphasized the importance of national interest in the selection of high-level economic officials.

Warsh assumed the position of Federal Reserve Chairman on May 22, 2026. President Donald Trump nominated Warsh to replace Jerome Powell as Federal Reserve Chairman in January 2026.

During his appearance before the Senate Banking Committee on July 15, 2026, Warsh addressed questions about his relationship with the executive branch. He outlined his commitment to operational independence despite the nomination process.

“I will tell you what I've said to the president repeatedly and said to the Treasury Secretary: They chose an independent guy to do the job and that's exactly what I plan on doing,” Warsh told the committee. His statement clarified his intended approach to policy decisions.

He acknowledged the difficulty of the responsibilities facing the new chairman. He drew parallels between the challenges of monetary policy and investment management.

“I think that's been true of a good many. It doesn't mean their decisions are always great, but because sometimes the decisions are so tough,” he said. He noted that imperfect outcomes do not negate the quality of effort applied to complex decisions.

He outlined the specific objectives assigned to Warsh in his new role. He referenced the dual mandate established for the Federal Reserve.

“I think he will do the best he can at achieving the job he was assigned to do, which is 2% inflation and maintaining maximum employment,” he said. The target remains a central focus for monetary policy.

The endorsement included recognition of the limits of perfection in economic management. He compared the chairman's task to his own professional experiences.

“He can't be perfect at it, and just like I know I couldn't be perfect at taking people's money and earning super returns on it,” he said. The comparison showed the inherent uncertainties in both fields.

The Federal Open Market Committee voted unanimously in June 2026 to hold the benchmark Federal Funds Rate target in a range of 3.5% to 3.75%. This decision occurred during Warsh's first month as chairman.

Trailing 12-month U.S. inflation reached 4.2% in May 2026. The figure exceeded the Federal Reserve's 2% target at the time of Warsh's appointment.

The June 2026 Federal Reserve meeting statement contained approximately 130 words, compared to over 300 words in prior publications. The reduction in length marked a shift in communication style under the new leadership.

Gary Richardson, a University of California, Irvine economics professor and former Federal Reserve historian, commented on the implications of concise policy statements. He analyzed how investors interpret limited guidance.

“Whether the Fed is providing a lot of information or a little information, investors have to understand what the Fed is likely to do in the future. With limited information, people are going to try to do anything they can to figure out what the Fed is thinking,” Richardson said.

The endorsement by Buffett adds a prominent voice to the discourse surrounding Warsh's tenure. His comments emphasize the expectation of independence and national interest in Federal Reserve operations.

The policy actions taken in June 2026 occurred before Buffett's July 15 remarks. The rate decision and shortened statement reflect early operational choices under Warsh's leadership while inflation remained above target levels.