US Fed Chairman LIVE Updates: The President of the United States, Donald Trump, announced that he has picked Kevin Warsh to succeed Chair Jerome Powell as the head's designated term as Chairman of the central bank nears an end. “I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,” said Donald Trump in his recent post on Truth Social. Earlier, Donald Trump said that he would announce the new Federal Reserve Chairman on Friday, 30 January 2026, amid his repeated pleas asking for further rate cuts in the US economy. “I’ll be announcing the Fed chair tomorrow morning,” said Trump at the Kennedy Centre on Thursday, 29 January 2026. Read all US Federal Reserve-related news hereRead all US stock market news hereFollow LiveMint's liveblog here for all the latest updates on the new Federal Reserve Chairman.

Source: Mint January 30, 2026 16:11 UTC