Kevin Warsh Nominated as New US Federal Reserve Chairman

• President Trump has nominated Kevin Warsh as the new Chairman of the US Federal Reserve, replacing Jerome Powell in May 2026.
• Warsh, 55, previously served as a Governor of the Federal Reserve from 2006 to 2011, making him the youngest ever at 35.
• He played a crucial role during the 2008 financial crisis, helping stabilize the economy and assisting banks.
• Warsh is known as an "inflation hawk" and aligns with Trump's economic policies, including trade and tariffs.
• A close advisor to Trump, Warsh's nomination awaits Senate approval and could significantly impact global markets.

Why It Matters: Kevin Warsh's nomination as Fed Chair signals a potential shift in US monetary policy, aligning with Trump's economic vision.