Trump throws more support behind Kevin Warsh for Fed chair
#Donald Trump #Kevin Warsh #Federal Reserve #Jerome Powell #Interest Rates #Central Bank #Economic Policy
📌 Key Takeaways
- Donald Trump expressed public regret for not choosing Kevin Warsh to lead the Federal Reserve during his first administration.
- Warsh is now considered a leading candidate to replace current Fed Chair Jerome Powell.
- The move indicates a desire for a Federal Reserve leader more in sync with Trump's economic and interest rate preferences.
- Analysts view this potential appointment as a significant shift toward a more growth-oriented and less independent central bank.
📖 Full Retelling
🏷️ Themes
Economy, Politics, Monetary Policy
📚 Related People & Topics
Kevin Warsh
American lawyer (born 1970)
Kevin Maxwell Warsh (born April 13, 1970) is an American financier and bank executive who served as a member of the Federal Reserve Board of Governors from 2006 to 2011. During and in the aftermath of the 2008 financial crisis, Warsh acted as the central bank's primary liaison to Wall Street and ser...
Interest rate
Percentage of a sum of money charged for its use
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. Interest rate periods are ordinarily a year and are often annualized when not. Alongside interest rates, three other variables determine total interest: principal sum, compounding f...
Donald Trump
President of the United States (2017–2021; since 2025)
# Donald John Trump **Donald John Trump** (born June 14, 1946) is an American politician, media personality, and businessman currently serving as the **47th president of the United States**. A member of the Republican Party, he previously served as the **45th president** from 2017 to 2021. --- ##...
Jerome Powell
American central banker (born 1953)
Jerome Hayden "Jay" Powell (born February 4, 1953) is an American central banker who has been the 16th chair of the Federal Reserve since 2018. He was previously both a lawyer and investment banker in the private sector before entering public service. A native of Washington, D.C., Powell graduated...
Federal Reserve
Central banking system of the US
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to th...
🔗 Entity Intersection Graph
Connections for Kevin Warsh:
- 👤 Donald Trump (11 shared articles)
- 🏢 Federal Reserve (10 shared articles)
- 🌐 Monetary policy (6 shared articles)
- 👤 Jerome Powell (4 shared articles)
- 🌐 Interest rate (3 shared articles)
- 🌐 Economic Policy (journal) (2 shared articles)
- 🌐 United States Secretary of the Treasury (2 shared articles)
- 🌐 Gold as an investment (1 shared articles)
- 🌐 United States dollar (1 shared articles)
- 🌐 Department of the Treasury (1 shared articles)
- 👤 Scott Bessent (1 shared articles)
📄 Original Source Content
President Trump said that he "made a mistake" by not nominating Kevin Warsh for Federal Reserve chair during his first term. Kristin Myers, the ETF editor-in-chief for AssetTV, joins with more.