President Trump Nominates Kevin Warsh for Fed Chair Amid Potential Senate Blockade

President Donald Trump nominated Kevin Warsh as Federal Reserve chair today. Senator Thom Tillis vows to block the move until an inquiry into Jerome Powell ends.

President donald trump has nominated kevin warsh to serve as the next chair of the Federal Reserve. This move in the USUS comes as thom tillis, a Republican member of the Senate Banking Committee, has vowed to block any Federal Reserve confirmation until a Justice Department inquiry into the current chair, jerome powell, is fully and transparently resolved. The nomination and the potential for a Senate blockade create a complex path for filling the leadership of the central bank.
U.S. President Donald Trump speaks in the Oval Office, at the White House in Washington, D.C., U.S., January 30, 2026. REUTERS/Kevin Lamarque
U.S. President Donald Trump speaks in the Oval Office, at the White House in Washington, D.C., U.S., January 30, 2026. REUTERS/Kevin Lamarque
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