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.
“I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” Trump wrote. “On top of everything else, he is ‘central casting,’ and he will never let you down.”
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.
If confirmed by the Senate, the former Fed governor will take charge of US monetary policy at a time when many economists and investors see its traditional insulation from elected officials as being under threat from the White House. Warsh aligned himself with the president in 2025 by arguing publicly for lower interest rates, going against his longstanding reputation as an inflation hawk.
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*Catarina Saraiva for Bloomberg News*
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.
“I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” Trump wrote. “On top of everything else, he is ‘central casting,’ and he will never let you down.”
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.
If confirmed by the Senate, the former Fed governor will take charge of US monetary policy at a time when many economists and investors see its traditional insulation from elected officials as being under threat from the White House. Warsh aligned himself with the president in 2025 by arguing publicly for lower interest rates, going against his longstanding reputation as an inflation hawk.
[Read the full story here.](https://www.bloomberg.com/news/articles/2026-01-30/trump-picks-a-reinvented-kevin-warsh-to-lead-the-federal-reserve?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2OTc3NDEwMiwiZXhwIjoxNzcwMzc4OTAyLCJhcnRpY2xlSWQiOiJTWlJTN1ZHUEZITVkwMCIsImJjb25uZWN0SWQiOiJEMzU0MUJFQjhBQUY0QkUwQkFBOUQzNkI3QjlCRjI4OCJ9.m-gP4Q1tnJCsWYRfaVPkGPYvO2Xstj0ZBbhf731Cx5Y)
Is this a 3rd Kevin
More on this subject from other reputable sources:
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– Axios (B+): [Trump expected to announce Warsh as Fed pick: reports](https://www.axios.com/2026/01/30/trump-kevin-warsh-fed-chair-pick-powell)
– N-tv (C+): [Powell's successor found: Former central bank director Kevin Warsh to become Fed chief](https://www.n-tv.de/wirtschaft/Ex-Notenbankdirektor-Kevin-Warsh-soll-Fed-Chef-werden-id30305632.html)
– Business Insider (B-): [Trump nominates Warsh as next Federal Reserve chair](https://www.businessinsider.com/trump-nominates-kevin-warsh-next-federal-reserve-chair-2026-1)
– WION (C): [Who is Kevin Warsh likely to be nominated by Trump for Federal Reserve chair](https://www.wionews.com/world/who-is-kevin-warsh-likely-to-be-nominated-by-trump-for-federal-reserve-chair-1769766980929)
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