BREAKING: Trump nominates Kevin Warsh to succeed Jerome Powell as Fed chair
Fox Business
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January 30, 2026 at 12:16 PM UTC
Neutral
95% Confidence
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Key Points
- President Trump announced Kevin Warsh as his choice for the next Federal Reserve Chairman on Truth Social.
- Kevin Warsh is a former Federal Reserve Governor.
- Other potential finalists for the role included Kevin Hassett, Christopher Waller, and Rick Rieder.
- The nomination will require Senate confirmation.
AI Summary
Fox Business reports that former President Donald Trump has announced Kevin Warsh as his pick for the next Federal Reserve Chairman via a Truth Social post. This comes as current Fed Chair Jerome Powell's term is set to expire in May. The announcement was anticipated after Trump hinted at it the previous evening.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Neutral | 95% |
| Consensus | Neutral | 95% |