The Latest Breaking News from Kevin Warsh

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Trump’s pick of Kevin Warsh pairs an inflation hawk with a deep Trumpworld connection through Ronald Lauder, a friend to the president for 60 years.

Speculation that former Federal Reserve governor Kevin Warsh is the president’s top choice was helping lift the US dollar on Friday morning.

March S&P 500 E-Mini futures (ESH26) are down -0.40%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.47% this morning after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair.

The finance wunderkind has previously called for “regime change” at the Fed, and has close family connections to President Trump

Choice of former Fed governor to succeed Jerome Powell comes amid attack on central bank’s independence

President Trump says he'll nominate Kevin Warsh, a Federal Reserve Board member from 2006 to 2011, to be the next chairman.

Kevin Warsh is the top choice to become the next Federal Reserve Chair. President Donald Trump is expected to announce his decision soon. This potential change is creating market buzz and debate about the Fed's future. Warsh's views on monetary policy and economic strategy are key. His nomination could signal…

Despite his former reputation as an inflation hawk, Warsh has shown support for lower rates in recent months, suggesting he is more likely to align with the president than Jerome Powell.