Instant Reaction: Trump Nominates Warsh for Fed Chair

Instant Reaction: Trump Nominates Warsh for Fed Chair

Breaking news from the White House.

President Donald Trump said he intends to nominate Kevin Warsh to be the next chair of the Federal Reserve, according to a post on his Truth Social platform.

“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,” Trump wrote. “On top of everything else, he is ‘central casting,’ and he will never let you down.”

Warsh, who served on the US central bank’s Board of Governors from 2006 to 2011 and has previously advised Trump on economic policy, would succeed Jerome Powell when his term at the helm ends in May. It marks a comeback for Warsh, 55, whom the president passed over for the top job in 2017 when he selected Powell.

If confirmed by the Senate, the former Fed governor will take charge of US monetary policy at a time when many economists and investors see its traditional insulation from elected officials as being under threat from the White House. Warsh aligned himself with the president in 2025 by arguing publicly for lower interest rates, going against his longstanding reputation as an inflation hawk.

See omnystudio.com/listener for privacy information.

Jaksot(1602)

Daybreak Holiday: Black Friday Sales, Markets, Bitcoin and Antitrust

Daybreak Holiday: Black Friday Sales, Markets, Bitcoin and Antitrust

On this special Thanksgiving edition of Bloomberg Daybreak, host Nathan Hager speaks with: Poonam Goyal and Lindsay Dutch of Bloomberg Intelligence look ahead to Black Friday and what we can expect i...

27 Marras 202539min

Witkoff Advised Russia on How to Pitch Ukraine Plan to Trump; Hasset Frontrunner For Fed Chair

Witkoff Advised Russia on How to Pitch Ukraine Plan to Trump; Hasset Frontrunner For Fed Chair

On today's podcast:1) US presidential envoy Steve Witkoff, fresh from the triumph of the Gaza peace deal, held a phone call last month with a senior Kremlin official to suggest they work together on a...

26 Marras 202515min

Trump Moves to Preserve Xi Truce While Reassuring Ally Japan, Moscow and Kyiv Trade Fire

Trump Moves to Preserve Xi Truce While Reassuring Ally Japan, Moscow and Kyiv Trade Fire

On today's podcast:1) US President Donald Trump held back-to-back calls with the leaders of China and Japan, as escalating tensions over Taiwan threaten to derail his weeks-old trade truce with Beijin...

25 Marras 202515min

Latest on Talks to End War in Ukraine; Stocks Rise to Start Week

Latest on Talks to End War in Ukraine; Stocks Rise to Start Week

On today's podcast:1) Ukrainian and US negotiators prepared an “updated and refined framework document on peace,” according to a top aide to President Volodymyr Zelenskiy, as Kyiv sought more favorabl...

24 Marras 202515min

The CEO Radar: AI Is Rising on CEO Agendas (Sponsored Content)

The CEO Radar: AI Is Rising on CEO Agendas (Sponsored Content)

AI is rising on the agendas of global CEOs, according to the latest edition of the CEO Radar. But a surprising number of chief executives are still struggling to embed the technology into their busine...

23 Marras 202515min

Daybreak Weekend: Retail Preview, UK Budget, China PMI

Daybreak Weekend: Retail Preview, UK Budget, China PMI

Bloomberg Daybreak Weekend with Host Nathan Hager takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Dell, Kohl’s Abercrombie & Finch,...

21 Marras 202538min

Markets Poised for Seven-Month Low; Trump & Mamdani to Meet Friday

Markets Poised for Seven-Month Low; Trump & Mamdani to Meet Friday

On today's podcast:1) Global stocks are poised for their worst week in seven months as concerns over lofty valuations and whether massive investments in artificial intelligence will pay off prompt inv...

21 Marras 202515min

Nvidia Earnings Ease AI Bubble Fears; Traders Brace for Jobs Report

Nvidia Earnings Ease AI Bubble Fears; Traders Brace for Jobs Report

On today's podcast:1) Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sec...

20 Marras 202514min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
pomojen-suusta
rss-rahamania
ostan-asuntoja-podcast
rss-myyntikoulu
herrasmieshakkerit
rahapuhetta
salkunrakentaja-podi
juristipodi
rss-bisnesta-bebeja
rss-set-for-life-sijoita-ja-vaurastu
rss-draivi
taloudellinen-mielenrauha
lakicast
rss-lahtijat
rss-ammattipodcast
rss-merja-mahkan-rahat