Trump Picks a Reinvented Warsh to Lead the Federal Reserve

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Why This Matters

President Trump has announced his intention to nominate Kevin Warsh as the next chair of the Federal Reserve, marking a comeback for the former board member who was previously passed over for the role in 2017.

Market Impact

Market impact analysis based on neutral sentiment with 75% confidence.

Sentiment
Neutral
AI Confidence
75%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

President Donald Trump said he intends to nominate Kevin Warsh to be the next chair of the Federal Reserve, according to a post on his Truth Social platform. Warsh, who served on the US central bank’s Board of Governors from 2006 to 2011 and has previously advised Trump on economic policy, would succeed Jerome Powell when his term at the helm ends in May. It marks a comeback for Warsh, 55, whom the president passed over for the top job in 2017 when he selected Powell. Jonathan Tamari, Senior Congress Reporter for Bloomberg Government joins to discuss. (Source: Bloomberg)

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Original article published by Bloomberg on January 30, 2026.
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