Politics

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WASHINGTON – President Donald Trump announced this morming, Friday, that he is officially nominating Kevin Warsh to serve as Chairman of the Board of Governors of the Federal Reserve.

In a detailed statement posted on Truth Social, Trump praised Warsh’s background and expressed strong confidence in his leadership, writing:

“I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is ‘central casting,’ and he will never let you down.”

Trump also highlighted Warsh’s resume, noting that he became the youngest Federal Reserve Governor in history at age 35, serving on the Board of Governors from 2006 to 2011. During his tenure, Warsh represented the Federal Reserve at the G-20 and served as the Board’s emissary to emerging and advanced economies in Asia.

He also held the role of Administrative Governor, overseeing the Board’s operations, personnel, and financial performance.

Before joining the Fed, Warsh served in the White House as Special Assistant to the President for Economic Policy and Executive Secretary of the National Economic Council under President George W. Bush.

Currently, Kevin Warsh is the Shepard Family Distinguished Visiting Fellow in Economics at the Hoover Institution and a lecturer at Stanford Graduate School of Business. Warsh is also a partner at Duquesne Family Office LLC alongside Stanley Druckenmiller.