Trump Nominates Kevin Warsh as New Federal Reserve Chief; Recalls Powerful Past Chairs

• Donald Trump nominated Kevin Warsh as governor of the Federal Reserve, succeeding Jerome Powell whose term expires in May 2026.
• Warsh previously served as a Fed governor from 2006 to 2011 and was considered for the chair position in 2017.
• Trump praised Warsh on Truth Social, calling him potentially "one of the GREAT Fed Chairmen."
• The article highlights influential past Fed chairs: Paul Volcker, Janet Yellen, Ben Bernanke, Alan Greenspan, and William McChesney Martin Jr.
• These former chairs significantly impacted the global economy through their handling of inflation, recessions, and financial crises.

Why It Matters: Trump nominates Kevin Warsh to the Federal Reserve, while reflecting on the legacy of powerful past Fed chairs.