CENTRAL CASTING: Five things to know about Kevin Warsh, nominee for next Fed chairperson

2026-02-02 - 11:56

Donald Trump says he will nominate former Fed governor Kevin Warsh as chairpeson in May, underscoring his push for lower US interest rates. Warsh, the Fed’s youngest-ever governor and a key figure during the 2008 crisis, is a well-connected Wall Street insider married to cosmetics heiress Jane Lauder. Once known as an inflation hawk, he now argues that productivity gains, especially from AI, allow rates to fall, while insisting the Fed remain independent but rein in balance-sheet expansion.