Finance News

Trump officially nominates Kevin Warsh as Fed chair to replace Jerome


Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025.

Tierney L. Cross | Bloomberg | Getty Images

President Donald Trump on Wednesday officially nominated Kevin Warsh to be the next chairman of the Federal Reserve.

Warsh, if confirmed by the Senate, would replace Fed Chairman Jerome Powell, for a four-year term.

Trump’s nomination was transmitted to the Senate, the White House said in a statement posted online.

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