#WhoIsNextFedChair On January 30, 2026, President Donald Trump officially nominated **Kevin Warsh** to be the next Chair of the Federal Reserve.
If confirmed by the Senate, Warsh will succeed **Jerome Powell**, whose four-year term as Chair is set to expire in **May 2026**.
---
### Key Details of the Nomination
* **The Nominee:** Kevin Warsh, 55, is a former Federal Reserve Governor (2006–2011) and was a key advisor during the 2008 financial crisis. He is currently a fellow at the Hoover Institution.
* **The Transition:** While Powell's term as *Chair* ends in May, his term as a *Governor* on the Fed board technically runs until 2028. Powell has not yet confirmed if he will stay on the board or exit the central bank entirely once his chairmanship ends.
* **Market Reaction:** The pick was seen as a "hawkish surprise" by some, given Warsh's historical focus on inflation, though he has recently signaled support for lower interest rates in line with the administration's goals.
### Potential Roadblocks
While the nomination has received strong support from many Republicans, the confirmation process may face delays:
* **Senate Hold:** Senator Thom Tillis (R-NC) has stated he may block Fed nominees until a Department of Justice investigation into the Federal Reserve’s building renovations is resolved.
* **Acting Chair:** If Warsh is not confirmed by the time Powell’s term expires in May, Vice Chair **Philip Jefferson** would likely serve as the acting head of the central bank.
### Other Candidates Who Were Considered
Before the final announcement, several other names were on the shortlist:
* **Kevin Hassett** (Director of the National Economic Council)
* **Christopher Waller** (Current Fed Governor)
* **Rick Rieder** (BlackRock executive)
Would you like me to look into Kevin Warsh’s specific policy stances on interest ra history at the Fed?$ETH
https://app.binance.com/uni-qr/chas/WhoIsNextFedChair?l=en&uc=app_square_share_link&us=copylink