Trump Selects Kevin Warsh as Nominee for Federal Reserve Chairman
Fox BusinessJanuary 30, 20261 min22,672 views
3 connectionsΒ·3 entities in this videoβPresidential Nomination for Federal Reserve Chair
- π President Trump has announced his pick for the next Federal Reserve chairman via a post on Truth Social.
- π― The chosen nominee is Kevin Warsh, a former Federal Reserve Governor.
Background and Process
- π‘ This announcement follows earlier reports that Trump was leaning towards Warsh for the position.
- β³ Jerome Powell's current term as Fed chair is set to conclude in May.
- π€ An official announcement was expected from the White House, potentially with President Trump and Kevin Warsh appearing together.
Other Finalists Considered
- π The president had reportedly considered other candidates for the role.
- πΌ These finalists included National Economic Council Director Kevin Hassett, Federal Reserve Governor Christopher Waller, and BlackRock executive Rick Rieder.
- β Despite other contenders, Kevin Warsh has been named the president's selection.
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Transcript6 segments
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Whatβs Discussed
Kevin WarshFederal Reserve ChairmanDonald TrumpJerome PowellTruth SocialFederal Reserve GovernorKevin HassettChristopher WallerRick RiederBlackRock
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