Trump Picks Kevin Warsh as New Federal Reserve Chair

Warsh was one of Trump’s top picks for Fed chair during his first term, before he chose Jerome Powell.Kevin Warsh (L), Former Member of Federal Reserve Board of Governors at The Semafor 2024 World Economy Summit in Washington on April 18, 2024. Tasos Katopodis/Getty Images for Semafor1/30/2026|Updated: 1/30/2026President Donald Trump said on Jan. 30 that former Federal Reserve Governor Kevin Warsh will be the next head of the U.S. central bank.“I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,” Trump wrote in a Jan. 30 post on Truth Social.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles