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GOBankingRates
GOBankingRates
Vance Cariaga

What Trump’s Fed Chair Nominee Kevin Warsh Could Mean for Your Wallet

Kevin Warsh Donald Trump Jerome Powell Scott Helfstein GOBankingRates White House George W Bush GoBankingRatescom NPR United States
WILL OLIVER/EPA / Shutterstock

After months of battling Federal Reserve chairman Jerome Powell over the central bank’s interest rate policy, President Donald Trump has revealed his pick to replace Powell: Kevin Warsh, a former Fed governor, White House advisor and Wall Street banker.

The announcement was made in a Truth Social post early Friday, Jan. 30, with Trump proclaiming that Warsh will “go down as one of the GREAT Fed Chairmen, maybe the best.”

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