Trump nominates Kevin Warsh for Fed chair
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The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
Warsh has recently advocated for lower rates, but a smaller Fed balance sheet.
Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, has earned over $1 million since 2020 as a member of the board of e-commerce company Coupang, now at the center of trade tensions between the U.
Kevin Warsh really is the top man for the job at the Federal Reserve. President Trump has made a superb decision. The brilliant and popular Kevin Hassett will remain as the director of the National Economic Council.