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Trump sends Fed chair Warsh nomination to Senate
Warsh, who would take over from Jerome Powell after his leadership term ends on May 15, would occupy the seat currently held by Fed Governor Stephen Miran, the White House notice shows.
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Reuters - Wed, 04, Mar 2026
- 15:55 EST
- 18
FILE PHOTO: Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. / REUTERS/Brendan Mcdermid/File Photo
President Donald Trump on March 4 officially nominated former Federal Reserve Governor Kevin Warsh to be the U.S. central bank's next chair, the White House said, putting the president one step closer to installing a rate-cut-friendly Fed chief.
But there are big hurdles both to Warsh's path back to the Fed and, once confirmed as Fed chair, his way forward to delivering the rate cuts Trump wants.
Also Read: Trump says Fed pick due Jan. 30 after meeting Warsh at White House
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