Kevin Warsh replaces Jerome Powell as Fed chair: Trump’s pick Kevin Warsh replaces Jerome Powell as Fed chair: What will happen to US interest rates next and why financial markets are watching closely...
Kevin Warsh Fed chair: Kevin Warsh has been confirmed as the new Federal Reserve Chair, succeeding Jerome Powell. Despite expectations for significant changes in interest rate policy, Warsh plans to act independently and navigate consensus within the Federal Open Market Committee. Financial markets are closely monitoring his stance on rate decisions.