OPINION: Kevin Warsh and the Fed: Implications for US Interest Rates

3rd February, 2026

By Dan Murphy, professor at the UVA Darden School of Business

The wait is finally over. President Trump announced on Friday, Kevin Warsh, a former Federal Reserve governor, as his choice to lead the world’s top central bank when Jerome Powell’s term ends in mid-May. Trump praised Warsh as “central casting” and predicted he would be “one of the great Fed Chairmen.”

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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