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The Economic Times

Business / The Economic Times

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Trump names Kevin Warsh as next Federal Reserve chair, replacing Jerome Powell

President Donald Trump has nominated Kevin Warsh to lead the Federal Reserve. Warsh, a former Fed governor, is expected to bring significant changes to the agency. His appointment requires Senate confirmation. This move could shift the Fed's independence and align it more closely with the White House. Warsh's tenure could influence interest rate policies and economic strategies.

30 Jan 2026 5:31 pm