Hoover Institution

The Hoover Institution is a conservative public policy think tank located at Stanford University. It is newsworthy because Kevin Warsh, a Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, has been nominated by President Donald Trump to be the next chair of the Federal Reserve, replacing Jerome Powell. Warsh previously served as a Fed governor from 2006 to 2011. His nomination comes amid speculation about Powell's replacement and pressure from Trump to cut interest rates. Warsh's association with the Hoover Institution highlights the organization's role as a platform for influential figures in economics and public policy, and his nomination brings increased attention to the institution's perspectives on economic issues.