Trump Picks Kevin Warsh as Next Fed Chair

Published by

Sohrab Khawas

January 30, 2026

President Trump has officially chosen former Federal Reserve governor Kevin Warsh to be the next Federal Reserve Chair, replacing Jerome Powell, with Senate confirmation still pending. Warsh, who served on the Fed from 2006 to 2011 and later worked in economic research and policy, is seen as experienced but likely to favor tighter monetary policy, which has lifted the U.S. dollar and bond yields. Stocks, gold, and Bitcoin fell as markets priced in potentially higher rates and reduced liquidity. Warsh has previously said Bitcoin can act like a store of value, though his focus remains on price stability and disciplined policy.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: FED