President Trump Nominates Kevin Warsh as Fed Chair, Submits to Senate

The White House announced on the 4th that it has officially submitted the nomination of Kevin Warsh as Chairman and Governor of the Federal Reserve Board (FRB) to the Senate. Warsh, currently 55 years old, served as a Fed Governor under both Republican and Democratic administrations from 2006 to 2011. During the 2008 financial crisis, he acted as a key advisor to Chairman Bernanke and liaison with Wall Street. He is currently a distinguished fellow at the Hoover Institution at Stanford University.