Trump nominated Kevin Warsh for the position of head of the Federal Reserve.
In his statement, Trump expressed confidence that Warsh would become one of the most outstanding Fed Chairs, calling him the "perfect candidate" who would not let him down. "I have known Kevin for a long time and believe he will go down in history as one of the GREAT Fed Chairs," the president noted. Warsh's nomination is currently awaiting Senate approval. If confirmed, he will take the place of Jerome Powell, whose term expires in May 2026. Trump has previously