President Donald Trump has selected former Federal Reserve board member Kevin Warsh as the next head of the U.S. central bank.
After months of speculation, Trump named his nominee to replace Fed Chairman Jerome Powell, whose term expires in May.
What to Know About Kevin Warsh, Trump’s Nominee for Fed Chair
‘Institutions like the Federal Reserve need to be restored to what they once were,’ says the new Fed Chair nominee.
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Former Federal Reserve Governor Kevin Warsh speaks during a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, Calif., on May 9, 2025. Ann Saphir/Reuters
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
