Kevin Warsh Named Next US Federal Reserve Chairman, Replacing Jerome Powell

• Kevin Warsh has been appointed by US President Donald Trump as the next chairman of the US Federal Reserve, succeeding Jerome Powell in May 2026.
• Warsh, born in Albany, New York, on April 13, 1970, is an American financier and economic policy expert.
• He previously served on the Federal Reserve Board of Governors from 2006 to 2011, playing a key role during the 2008 financial crisis.
• Known as a "monetary hawk" concerned about inflation, Warsh's recent statements suggest openness to lower interest rates, aligning with Trump's economic team.
• His nomination is significant given Trump's past criticisms of Powell for not cutting interest rates quickly enough.

Why It Matters: Kevin Warsh, a former Fed governor and known "monetary hawk," is set to lead the US Federal Reserve.