President Donald Trump said he would nominate Kevin Warsh as the next chair of the Federal Reserve, putting a former Fed governor and Wall Street veteran at the helm of an institution the president has repeatedly attacked for not cutting interest rates more aggressively to spur growth.
“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 chairman, maybe the best,” Trump said on his social media platform early Friday.
Warsh, 55, was passed over in 2017, when Trump instead elevated Jerome H. Powell. He served as a Fed governor from 2006 to 2011, becoming the youngest in the institution’s history at age 35. He also served as an economic adviser to President George W. Bush. He is a partner at the family office of investor Stanley Druckenmiller.
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President Donald Trump said he would nominate Kevin Warsh as the next chair of the Federal Reserve, putting a former Fed governor and Wall Street veteran at the helm of an institution the president has repeatedly attacked for not cutting interest rates more aggressively to spur growth.
“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 chairman, maybe the best,” Trump said on his social media platform early Friday.
Warsh, 55, was passed over in 2017, when Trump instead elevated Jerome H. Powell. He served as a Fed governor from 2006 to 2011, becoming the youngest in the institution’s history at age 35. He also served as an economic adviser to President George W. Bush. He is a partner at the family office of investor Stanley Druckenmiller.
Read more here: [https://www.washingtonpost.com/business/2026/01/30/kevin-warsh-fed-nomination/?utm_campaign=wp_main&utm_medium=social&utm_source=reddit.com](https://www.washingtonpost.com/business/2026/01/30/kevin-warsh-fed-nomination/?utm_campaign=wp_main&utm_medium=social&utm_source=reddit.com)
Funny, no mention of Hoover Institute
Fuck your calls
At the end of the day, Trump will bail out the 0.01%….that means stock holders.
What happens if Powell stays on as governor until his term ends in 2028? Trump will have to select someone from the sitting 7 instead?
Did not see that coming. He’s more hawkish on rates going down than JPOW