In October 2017, then-President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to serve as the next chair of the central bank. The nomination was part of a selection process that included several candidates.
However, Warsh withdrew his name from consideration in November 2017. President Trump subsequently nominated Jerome Powell, who was confirmed by the Senate in January 2018. Powell began his first term as Fed Chair in February of that year.
Jerome Powell was reappointed by President Joe Biden and confirmed by the Senate for a second term, which began in May 2022. As of April 2026, Jerome Powell remains the Chair of the Federal Reserve. Kevin Warsh's nomination is therefore a historical event from 2017 and not a current news development.
