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Economic Buzz: President Donald Trump announces his nomination of Kevin Warsh to serve as Fed chair
02-Feb-2026 10:03

President Donald J. Trump announced his nomination of Kevin Warsh to serve as Chairman of the Board of Governors of the Federal Reserve System, a White House article stated. Mr. Warsh is exceptionally well-prepared to lead the world's most influential central bank, with a distinguished background including degrees from Stanford University and Harvard Law School, prior roles as a Morgan Stanley executive and top economic advisor to the Bush Administration, and service as the youngest-ever Federal Reserve Governor ' where he helped steer the institution through the 2008 financial crisis, it noted. The nomination has drawn widespread praise from lawmakers, business leaders, financial experts, and industry voices across the spectrum, the article further noted.

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