Summary
President Trump chose Kevin Warsh to be the next leader of the Federal Reserve. Warsh has experience advising past presidents and served on the Federal Reserve Board. He would replace the current chair, Jerome Powell, if confirmed.
Key Facts
- President Trump nominated Kevin Warsh for Federal Reserve chair.
- Warsh was an advisor to President George W. Bush.
- He served on the Federal Reserve’s Board from 2006 to 2011.
- Jerome Powell is the current chair of the Federal Reserve.
- If confirmed, Warsh will replace Powell when his term ends in May.
- The announcement was discussed in an interview with David Wessel.
