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Who is Fed chair nominee Kevin Warsh?

Trump nominates former Fed governor Kevin Warsh, known for his hawkish inflation stance and ties to Wall Street, aiming to shift monetary policy amid tensions with Jerome Powell.

  • On Friday, U.S. President Donald Trump announced he plans to nominate Kevin Warsh as Fed chair, pending U.S. Senate approval as Jerome Powell’s term ends on May 23.
  • Amid pressure on the Fed, Warsh has actively campaigned in recent months, saying the Fed `has been broken for quite a long time`.
  • Warsh’s résumé shows he served on the Federal Reserve Board from 2006 to 2011 and is a Hoover Institution fellow and Stanford lecturer.
  • Warsh’s policy views suggest he has become critical of the Fed and called for 'regime change,' with his AI and inflation stance potentially influencing future policy.
  • Past Fed votes show that Kevin Warsh objected in 2011 to the $600 billion Treasury purchase and warned in 2008 that rate cuts could spur inflation.
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US President Trump has proposed Kevin Warsh as the successor to the head of the Fed, Jerome Powell. What are his chances of being in office, what politics he stands for, and why the financial markets initially reacted more positively to personality.

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Eesti Rahvusringhääling broke the news in Estonia on Friday, January 30, 2026.
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