Trump Set to Announce New Fed Chair, Warsh Emerges as Favourite

News Desk

January 31, 2026

1 min read

US President Donald Trump is set to announce his nominee to lead the Federal Reserve, with former Fed governor Kevin Warsh now widely seen as the front runner.

The announcement is expected ahead of the end of Jerome Powell’s term in May 2026. Reuters reports Trump met Warsh at the White House this week, signalling a likely shift in leadership at the central bank.

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