Donald Trump nominates Kevin Warsh as chair of Federal Reserve

The Guardian - World NewsCenter-LeftEN 2 min read 100% complete by Lauren Aratani in New York and Tom KnowlesJanuary 30, 2026 at 12:53 PM

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Donald Trump has nominated Kevin Warsh to be the next chair of the Federal Reserve, replacing Jerome Powell when his term ends in May. Trump announced the nomination on his Truth Social platform, praising Warsh's potential. Warsh, a former Federal Reserve governor from 2006 to 2011, has ties to Wall Street and has recently echoed Trump's criticism of the Fed's interest rate policy. He previously served as special assistant for economic policy and is currently a lecturer at Stanford and holds positions at UPS, Coupang, and Duquesne Family Office. Other candidates considered for the role included Kevin Hassett, Christopher Waller, and Rick Rieder.

Key Entities & Roles

Key Player Opposition Context

BlackRock 30% New York Stock Exchange 30% Stanley Druckenmiller 30% Coupang 30% UPS 30% Capital Economics 40% Stephen Brown 40% United States 70% Jerome Powell ×270% Donald Trump ×490% Federal Reserve ×590% Kevin Warsh ×8100%

Keywords

federal reserve 100% kevin warsh 90% chair nomination 80% jerome powell 70% interest rates 60% us central bank 50% inflation risks 50% economic policy 40% wall street 40%

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Neutral

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The Guardian - World News

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Center-Left (-0.40)

Far LeftCenterFar Right

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90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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federal reserve kevin warsh chair nomination jerome powell interest rates us central bank inflation risks economic policy wall street

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