NEW YORK, Jan. 30, 2026 — The CRE Finance Council (CREFC) released the following statement by Lisa Pendergast, President and CEO, regarding the nomination of Kevin Warsh to be Chair of the Federal Reserve:

“CREFC congratulates Kevin Warsh on his nomination to head the Federal Reserve. As a former Federal Reserve Governor with extensive experience in financial markets, Mr. Warsh offers valuable insights at a crucial time for the U.S. economy.

Federal Reserve policy has a direct and substantial impact on commercial real estate finance, affecting interest rates, liquidity, and the availability of capital across CRE lending and securitization markets. Strong, transparent leadership at the Fed is fundamental to maintaining market stability and supporting economic growth.

We look forward to interacting with Mr. Warsh and policymakers throughout the confirmation process and beyond to推进 policies that foster a healthy, resilient commercial real estate finance system.”

About CREFC

The CRE Finance Council (CREFC) is the trade association for the commercial real estate finance industry worth over $6 trillion, with a membership consisting of approximately 400 companies and 19,000 individuals. Member firms include balance sheet and securitized lenders, loan and bond investors, private equity firms, servicers, rating agencies, and borrowers. For over 30 years, CREFC has promoted liquidity, transparency, and efficiency in the commercial real estate finance markets and serves as a legislative and regulatory advocate for the industry, playing a vital role in establishing market standards and best practices and providing education for market participants. For more information visit

SOURCE CRE Finance Council