Trump picks former US Fed official as next central bank chiefWASHINGTON, United States, Jan 31, 2026 (BSS/AFP) - President Donald Trump said Friday he would nominate former Federal Reserve governor Kevin Warsh to be the next US central bank chief, a move that has sparked cautious optimism among observers. Warsh, 55, was the youngest person to serve as a Fed governor, a role he held from 2006 to 2011. Trump considered Warsh for the top Fed job too during his first presidency, but eventually chose Powell -- a decision he quickly soured on. "He cares about the history of the Fed, the process of the Fed, central bank independence, he's talked about this before." Trump's selection ends a race that narrowed to four contenders -- Warsh; Fed governor Christopher Waller; Rick Rieder of BlackRock; and Trump's top economic adviser Kevin Hassett.

Source: Bangladesh Sangbad Sangstha January 31, 2026 03:43 UTC