President Donald J. Trump announced his nomination of Kevin Warsh to serve as Chairman of the Board of Governors of the Federal Reserve System. Mr. Warsh is exceptionally well-prepared to lead the world’s most influential central bank, with a distinguished background including degrees from Stanford University and Harvard Law School, prior roles as a Morgan Stanley executive and top economic advisor to the Bush Administration, and service as the youngest-ever Federal Reserve Governor — where he helped steer the institution through the 2008 financial crisis. The nomination has drawn widespread praise from lawmakers, business leaders, financial experts, and industry voices across the spectrum: Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott : “The Federal Reserve’s decisions touch every American household, from mortgage rates to retirement savings, and President Trump has been clear that bringing accountability and credibili...
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