Group 1 - Kevin Warsh, born on April 13, 1970, in Albany, New York, is a member of the Republican Party and served as the 17th member of the Federal Reserve Board [1] - His professional experience includes roles from 1995 to 2002 and from 2011 to the present [3] - Warsh is married to Jane Lauder, the heir of the Estée Lauder Companies [4] Group 2 - Jerome Powell, the 16th Chair of the Federal Reserve, has been in office from February 2018 to May 2026 [4] - Key policy actions during Powell's tenure include four interest rate hikes in 2018, the first rate cuts in a decade in 2019, and emergency measures in 2020 that included lowering rates to 0-0.25% and launching unlimited quantitative easing [4] - From 2021 to 2023, Powell's aggressive tightening measures included starting tapering in late 2021, initiating a rate hike cycle in March 2022 with a cumulative increase of 525 basis points, and beginning quantitative tightening in June 2022 [4]