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Trump Set to Nominate Kevin Warsh as New Federal Reserve Chair

KVIA••CNN Newsource
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President Donald Trump is anticipated to announce his nomination of Kevin Warsh for the position of Federal Reserve chair on Friday. This decision follows months of deliberation, where Trump narrowed his choices to four candidates, including Warsh, who previously served as a Fed governor. Trump expressed confidence in Warsh's qualifications, stating he is a respected figure in the financial sector. The nomination process is significant as it reflects Trump's evolving views on economic leadership, especially following his criticisms of current Fed chair Jerome Powell. Warsh's prior consideration for the role in 2017 adds to the context of this potential appointment.

Key Details: • Trump's announcement is expected on Friday. • Warsh previously served as a Federal Reserve governor for five years. • Final candidates included Warsh, Kevin Hassett, Rick Rieder, and Christopher Waller. • Warsh was also considered for Treasury secretary in the past.

economy trump federal-reserve nomination kevin-warsh

People & Organizations

Donald TrumpFederal ReserveWhite HouseJerome PowellKevin HassettChristopher WallerKevin WarshRick Rieder

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