President Donald Trump said Friday morning he will nominate former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as chair of the U.S. central bank, praising Warsh as someone who “will go down as one of the GREAT Fed Chairmen, maybe the best.”
“On top of everything else,” Trump wrote, “he is ‘central casting,’ and he will never let you down. Congratulations Kevin!”
President Donald J. Trump nominates Kevin Warsh as Chairman of the Board of Governors of the Federal Reserve pic.twitter.com/M5FHQJzY2a
— Rapid Response 47 (@RapidResponse47) January 30, 2026
Trump’s announcement followed reporting by the New York Post’s Charles Gasparino that the president had settled on Warsh after weighing several finalists.
In a separate post, Trump said he had interviewed BlackRock executive Rick Rieder and current Fed governor Christopher Waller “and others” for the job, adding: “They all would have been outstanding, and have a great and unlimited future with ‘TRUMP.’ Such amazing talent in our Country.”
Trump also addressed speculation around National Economic Council Director Kevin Hassett, writing: “A great Chairman he would have been but, quite honestly, he is doing such an outstanding job working with me and my team at the White House, that I just didn’t want to let him go,” and adding: “Kevin is indescribably good so, as the expression goes, ‘if you can’t do better, don’t try to fix it!’ Thank you Kevin for doing such a great job!”
Warsh, 55, served on the Fed’s Board of Governors from 2006 to 2011 and would take over when Powell’s term as chair expires in May 2026, pending Senate confirmation.
In recent months, Warsh has argued rates could be significantly lower — a shift that has reassured some Trump allies but prompted renewed debate among Fed watchers about how aggressively the White House may push for easier money.
BREAKING: Trump nominates Kevin Warsh to succeed Jerome Powell as Federal Reserve chair pic.twitter.com/LQwosgZDut
— Fox News (@FoxNews) January 30, 2026
