Washington, United States- Kevin Warsh, a former Federal Reserve governor, has emerged as a leading contender to become the next chair of the U.S. central bank, according to people familiar with the matter and recent media reports published Friday. The potential nomination follows renewed discussions among advisers to President Donald Trump as the administration weighs leadership options for the Federal Reserve amid persistent inflation concerns and economic uncertainty.
Warsh, who served on the Federal Reserve Board from 2006 to 2011, has been discussed internally as a candidate viewed as credible with financial markets and acceptable to a broad range of policymakers, according to reporting by The New York Times and Bloomberg. The White House has not formally announced a nominee, and no decision has been finalized.
A longtime critic of prolonged ultra-loose monetary policy, Warsh has argued publicly that the central bank should act decisively to protect its credibility and curb inflation. In past speeches and interviews, he has said that delayed action by the Federal Reserve risks undermining public confidence in the institution.
Bloomberg reported that Stephen Miran, a former Treasury official and Trump ally, described Warsh as “persuasive and respected,” signaling internal support from figures close to the administration. CNN separately reported that Warsh’s previous experience during the 2008 financial crisis is seen by some advisers as a key qualification at a time of heightened economic risk.
Warsh was appointed to the Federal Reserve Board by former President George W. Bush and later became a senior fellow at Stanford University’s Hoover Institution. Since leaving government, he has advised financial firms and remained an outspoken voice on monetary policy and central bank independence.
The Federal Reserve chair nomination requires Senate confirmation, and any formal announcement would likely trigger hearings focused on inflation, interest rates, and the Fed’s regulatory role. Current Chair Jerome Powell’s term is set to expire in 2026, and the administration has indicated it intends to name a successor in advance to ensure continuity.
No timeline has been publicly confirmed for a nomination, and White House officials have declined to comment on specific candidates.
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Hannah Price is a digital journalist who covers breaking news, global events, and trending stories with accuracy and speed. She has previously contributed to several online magazines and has built a reputation for verifying facts before publishing. Hannah believes in responsible reporting and aims to present stories in a way that readers can trust.
