who did trump pick for fed chair

Trump has picked Kevin Warsh as his choice for the next Chair of the Federal Reserve, to replace Jerome Powell when Powell’s term ends in May 2026.

Quick Scoop: Who Did Trump Pick for Fed Chair?

• Donald Trump announced that he is nominating Kevin Warsh, a former Federal Reserve governor, to be the new Fed chair.

• Warsh previously served on the Fed’s Board of Governors from 2006 to 2011 and was one of the youngest governors in the bank’s history.

• He is set to take over once Jerome Powell’s current term as chair ends in May 2026, pending Senate confirmation.

• Trump has praised Warsh publicly and framed him as someone who could become one of the standout Fed chairs in history.

Why This Is Trending Now

• The pick follows a long, public search where Trump floated several names, including Kevin Hassett and others, fueling market speculation about the direction of Fed policy.

• Warsh has a reputation as a conservative, market-friendly economist, and his past views on interest rates and Fed independence are drawing intense discussion on financial news sites and forums.

In forum and finance circles, the debate now is whether Warsh will push for lower rates in line with Trump’s preferences or lean on his more traditionally hawkish record from his earlier Fed days.

Bottom note: Information gathered from public forums or data available on the internet and portrayed here.