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Trump Selects Kevin Warsh as Nominee for Federal Reserve Chairman

Fox BusinessJanuary 30, 20261 min22,672 views
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Presidential Nomination for Federal Reserve Chair

  • πŸ“Œ President Trump has announced his pick for the next Federal Reserve chairman via a post on Truth Social.
  • 🎯 The chosen nominee is Kevin Warsh, a former Federal Reserve Governor.

Background and Process

  • πŸ’‘ This announcement follows earlier reports that Trump was leaning towards Warsh for the position.
  • ⏳ Jerome Powell's current term as Fed chair is set to conclude in May.
  • 🎀 An official announcement was expected from the White House, potentially with President Trump and Kevin Warsh appearing together.

Other Finalists Considered

  • πŸ” The president had reportedly considered other candidates for the role.
  • πŸ’Ό These finalists included National Economic Council Director Kevin Hassett, Federal Reserve Governor Christopher Waller, and BlackRock executive Rick Rieder.
  • βœ… Despite other contenders, Kevin Warsh has been named the president's selection.
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Transcript6 segments

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What’s Discussed

Kevin WarshFederal Reserve ChairmanDonald TrumpJerome PowellTruth SocialFederal Reserve GovernorKevin HassettChristopher WallerRick RiederBlackRock
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