BREAKING: Trump nominates Kevin Warsh to replace Jerome Powell in May 2026, calling him “one of the GREAT Fed Chairmen.” What do you think? Comment. According to AP News #news
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President Donald Trump announced on January 30, 2026, that he will nominate former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as Fed chair when Powell’s term ends in May 2026. (apnews.com) Trump praised Warsh as “one of the GREAT Fed Chairmen, maybe the best,” calling him “central casting.” (washingtonpost.com) Warsh, 55, served on the Fed’s Board from 2006–2011 and was its youngest governor at 35. (en.wikipedia.org) Long affiliated with Stanford and the Hoover Institution, he has said Bitcoin “does not make me nervous” and sees it as a policy signal. (theblock.co) The nomination requires Senate confirmation and could move markets. (apnews.com)
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President Donald Trump announced on January 30, 2026 that he will nominate Kevin Warsh to serve as Chair of the Federal Reserve, a move that would replace Jerome Powell when Powell’s term ends in May 2026. Warsh, a former Fed governor (2006–2011) and current Stanford/Hoover fellow with strong Wall Street ties, has advocated changes to Fed policy and critiqued post‑crisis monetary measures. The nomination, subject to Senate confirmation, underscores the White House’s push for different interest‑rate policies and intensifies debate over the Fed’s independence. Markets and lawmakers are expected to scrutinize Warsh’s record and the politicization concerns surrounding the appointment. (apnews.com)
