🚨 BREAKING: President Donald Trump has announced his nomination of Kevin Warsh as the next Chair of the U.S. Federal Reserve, set to succeed Jerome Powell when Powell’s term ends in May 2026.
Warsh is a former Fed governor (2006–2011) and seasoned economic policymaker with deep Wall Street and academic ties.
Markets are reacting sharply: the U.S. dollar and Treasury yields climbed on the news, while stock futures and risk assets showed volatility as investors parse Warsh’s stance on monetary policy.
Warsh’s nomination signals potential shifts in Fed policy balancing Trump’s push for interest rate cuts and deregulation with Warsh’s reputation for price stability and institutional reform.
His views on inflation, monetary autonomy, and balance sheet reduction will be closely watched by markets and policymakers alike.
The nomination must be confirmed by the U.S. Senate, where hearings and political dynamics could influence the final outcome
Small bios..
Kevin Warsh is a former U.S. Federal Reserve Governor (2006–2011), known for his hawkish views on inflation and monetary discipline. A Hoover Institution fellow and former Morgan Stanley executive, he is seen as a policy reformer with strong Wall Street and academic credentials....
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