Economy

Trump taps Kevin Warsh to be the next Fed chair

January 30, 2026

President Trump has nominated Kevin Warsh to be the next chair of the Federal Reserve, a position he has long sought. Warsh, a former Fed governor known for his critical stance on the Fed's policies, is expected to bring a hawkish approach to inflation as he replaces Jerome Powell, whose term ends in May.

Trump taps Kevin Warsh to be the next Fed chair

Key Highlights

Kevin Warsh has been nominated by Trump to lead the Federal Reserve.
He has a reputation for hawkish views on inflation.
Warsh previously interviewed for the Fed chair position in 2017.
Jerome Powell's term as Fed chair will end in May.
The nomination is seen as a move to tighten the White House's influence over the central bank.

Business News Politics & Government Federal Reserve Donald Trump US economy Business Jerome Powell US news Economics US interest rates World news Dollar gold

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Trump taps Kevin Warsh to be the next Fed chair

Key Highlights

Sources

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