Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BumRushDaShow

(166,769 posts)
Fri Jan 30, 2026, 07:11 AM 10 hrs ago

Trump nominates Kevin Warsh to be next Fed Chair

Source: Yahoo! Finance

Updated Fri, January 30, 2026 at 7:00 AM EST


Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh to be the next chair of the central bank and succeed Jerome Powell.

"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is 'central casting,' and he will never let you down," Trump said in his announcement, which he posted to Truth Social.

Warsh has experience navigating the central bank. President George W. Bush appointed him to serve as Fed governor from 2006 until 2011. He became former Fed Chair Ben Bernanke’s liaison to Wall Street during the chaos of the 2008 financial crisis. Before serving at the Fed, Warsh was special assistant to Bush for economic policy and an executive secretary at the National Economic Council, where he advised the president and senior administration officials on the US economy.

He has also worked in M&A at Morgan Stanley (MS). Warsh holds a degree in public policy with a focus on economics and statistics from Stanford as well as a law degree from Harvard. He is a known figure to Trump, who interviewed him for the Fed chair post eight years ago before selecting Powell.

Read more: https://finance.yahoo.com/news/trump-nominates-kevin-warsh-to-be-next-fed-chair-120003470.html



REFERENCE - https://www.democraticunderground.com/10143608160

He has been talking about this guy for the past 2 months when Hassett was salivating at the job.
9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump nominates Kevin Warsh to be next Fed Chair (Original Post) BumRushDaShow 10 hrs ago OP
This message was self-deleted by its author Prof. Toru Tanaka 10 hrs ago #1
Probably because Powell has been around much longer BumRushDaShow 10 hrs ago #3
You just know this guy True Dough 10 hrs ago #2
It'll all come out in the Warsh. bucolic_frolic 10 hrs ago #4
so Powell steps aside in May, how long until the interest rates are then cut to zero Javaman 10 hrs ago #5
So he can deal with a stock market crash. Turbineguy 9 hrs ago #6
Another client of Trump-Epstein Sex Trafficking Emporium? travelingthrulife 8 hrs ago #7
I guess they don't remember 2006 Figarosmom 8 hrs ago #8
So many questions BaronChocula 3 hrs ago #9

Response to BumRushDaShow (Original post)

BumRushDaShow

(166,769 posts)
3. Probably because Powell has been around much longer
Fri Jan 30, 2026, 07:24 AM
10 hrs ago

(almost a 20-year age difference between Powell and Warsh)

bucolic_frolic

(54,382 posts)
4. It'll all come out in the Warsh.
Fri Jan 30, 2026, 07:26 AM
10 hrs ago

Warshington changing the language. I can see how this really connected some demented brain holes.

Javaman

(65,326 posts)
5. so Powell steps aside in May, how long until the interest rates are then cut to zero
Fri Jan 30, 2026, 07:35 AM
10 hrs ago

and the economy collapses?

BaronChocula

(4,135 posts)
9. So many questions
Fri Jan 30, 2026, 02:28 PM
3 hrs ago

What would someone who knows how the system works and has experience in that system tell someone like trump who doesn't trust expertise, to convince trump he's the guy?

Did this guy just tell trump what he wanted to hear just so he could get that coveted position?

Will this guy actually do trump's bidding in the end or will he be a Powell?

Will he get a kickback for knowingly tanking the economy for billionaires (who would benefit from shorting the market, buying up cheap assets, etc.)?

Is he a sociopath who just happens to have the expertise needed for confirmation votes?

Latest Discussions»Latest Breaking News»Trump nominates Kevin War...