President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.

The announcement caps an extensive search that started in September and was spearheaded by Treasury Secretary Scott Bessent, who presented final candidates to the president.

Trump's nomination of Kevin Warsh to lead the Federal Reserve has triggered a massive gold and silver selloff, erasing ...

President Trump said he will announce Friday morning his nominee for Federal Reserve chair to replace Jerome Powell, whose term ends later this year.

Add Yahoo as a preferred source to see more of our stories on Google. Fox News' Alexandria Hoff provides details on President Donald Trump's Federal Reserve announcement and executive order to fight ...

Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...

The Federal Reserve will finish its first meeting of 2026 today with an interest-rate announcement scheduled for 2 p.m. ET.