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The Economic Times

Global Business / The Economic Times

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Trump names Kevin Warsh as next Fed chair, replacing Jerome Powell

President Donald Trump has nominated Kevin Warsh to lead the Federal Reserve. Warsh, a former Fed governor, is set to replace Jerome Powell. This appointment signals a potential shift in the central bank's policies. Trump has openly criticized Powell for not lowering interest rates. Warsh's nomination requires Senate approval.

30 Jan 2026 5:32 pm