Kevin Warsh

Kevin Warsh is President Donald Trump's nominee to lead the US Federal Reserve. A former Fed governor, Ivy League economist, and Wall Street banker, Warsh's nomination is newsworthy due to Trump's repeated calls for interest rate cuts and his open criticism of current Fed Chair Jerome Powell. Warsh has called for a "regime change" at the Fed, including a new approach to inflation control and communication. His confirmation hearing is facing scrutiny, with Democrats attempting to stall the process, citing concerns about Trump's influence over the central bank and a criminal investigation into the Fed's headquarters renovations. Trump has threatened to fire Powell if he doesn't leave his board seat after his term ends in May, further highlighting the pressure on the Fed. Warsh's financial disclosures reveal assets exceeding $100 million, potentially complicating the vetting process.