Kevin Warsh (L), Former Member of Federal Reserve Board of Governors at The Semafor 2024 World Economy Summit in Washington on April 18, 2024. Tasos Katopodis/Getty Images for Semafor

President Donald Trump said on Jan. 30 that former Federal Reserve Governor Kevin Warsh will be the next head of the U.S. central bank.

“I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,” Trump wrote in a Jan. 30 post on Truth Social.

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