The Journal.

Who Is the New Fed Chair?

63 snips
Jan 30, 2026
Nick Timiraos, a Wall Street Journal reporter who covers the Federal Reserve, gives a crisp profile of Kevin Warsh. He traces Warsh's rise, debated role during the 2008 crisis, and evolving views on interest rates. Discussion covers Warsh's critiques of Fed models, political dynamics around confirmation, and the economic challenges any new Fed leader would face.
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INSIGHT

Insider Turned Critic

  • Kevin Warsh is a Fed insider who later became a vocal critic of Fed policy after 2011.
  • His blend of institutional knowledge and criticism makes his nomination consequential and uncertain.
ANECDOTE

Rapid Rise To The Fed

  • Warsh graduated from Stanford and Harvard and worked at Morgan Stanley before joining the White House.
  • He became the youngest Fed governor in 2006 at age 35 after knowing Ben Bernanke from the White House.
INSIGHT

Shift On Quantitative Easing

  • Warsh initially supported quantitative easing during the financial crisis but grew disillusioned by 2011.
  • He warned easy-money policies risked future inflation or asset bubbles.
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