President nominates Kevin Warsh as next Federal Reserve chair

On Jan. 30, 2026, President Donald J. Trump announced his nomination of Kevin Maxwell Warsh to serve as the next chair of the Federal Reserve, succeeding Jerome Powell when Powell’s term concludes in May. Warsh was born in Albany, New York,[13] to a Jewish family, the youngest of three children of Judith and Robert Warsh.

Warsh, 55, brings to the nomination a rare depth of experience in both public service and financial markets. A former Federal Reserve governor (2006–2011), he was the youngest member — confirmed at age 35 — ever appointed to the Board of Governors. Warsh was the central bank’...