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Trump nominates Warsh to lead Fed

2/2/26

President Donald Trump nominated Kevin Warsh to serve as Federal Reserve chairman to replace Jerome Powell, whose term as Fed chair ends in May.

Background: Warsh served as a Fed governor from 2006 to 2011 and as an economic aide in George W. Bush’s administration.

ICBA View: In a national news release, ICBA President and CEO Rebeca Romero Rainey congratulated Warsh on his nomination.