Trump Picks Kevin Warsh as Next Fed Chair

Jan. 30, 2026, 11:50 AM UTC

President Trump picks Kevin Warsh for the next Federal Reserve chief.

  • Trump says on Truth Social
  • Jerome Powell, whose term as chair ends in May, has been regularly criticized by Trump over the pace and scale of interest rate cuts

To contact the reporter on this story:
Maria Luiza Rabello in Washington at mrabello@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Bryan Pietsch, Alexander Pearson

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