Trump picks former Federal Reserve official Kevin Warsh to chair US central bank

South China Morning PostCenter-RightEN 1 min read 100% complete by Mark Magnier,Frank TangJanuary 30, 2026 at 01:22 PM

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President Trump nominated Kevin Warsh, a former Federal Reserve official, to chair the US central bank, replacing Jerome Powell in May. Warsh, who served as a Fed governor from 2006-2011, was chosen amidst Trump's desire to influence monetary policy, particularly regarding interest rates. While Warsh previously favored tighter monetary policy, he has recently signaled a shift. The selection aims to appease financial markets and Congress, who were concerned about a potentially overly-accommodating nominee. Warsh's nomination is subject to confirmation by the US Senate.

Key Entities & Roles

Key Player Opposition Context

Wall Street 40% Congress 40% US Senate 50% Jerome Powell 60% United States 70% Federal Reserve ×285% Donald Trump ×590% Kevin Warsh ×595%

Keywords

federal reserve 100% kevin warsh 90% us central bank 80% monetary policy 70% donald trump 60% interest rates 60% senate confirmation 50% nomination 50% economic issues 40%

Sentiment Analysis

Neutral

Score: -0.10

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South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

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 us central bank monetary policy donald trump interest rates senate confirmation nomination economic issues

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