Economy

Who Is Kevin Warsh and Why Trump Is Eyeing Him to Lead the Fed

January 30, 2026

President Trump is expected to announce Kevin Warsh as his nominee for the chair of the US Federal Reserve, replacing Jerome H. Powell. Warsh, a former Federal Reserve governor, was one of four finalists and visited the White House recently, leading to market reactions including a decline in stocks and an increase in Treasury yields.

Who Is Kevin Warsh and Why Trump Is Eyeing Him to Lead the Fed

Credit: Timesnownews

Key Highlights

Trump plans to announce Warsh as Fed chair on Friday.
Warsh is a former Federal Reserve governor.
Market reactions included falling stocks and rising Treasury yields.
Warsh's nomination is seen as significant by prediction markets.

United States Politics and Government Banking and Financial Institutions Politics and Government Interest Rates United States Economy

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.

Who Is Kevin Warsh and Why Trump Is Eyeing Him to Lead the Fed

Key Highlights

Sources

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