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Why Wall Street is unhappy with Trump's pick for Fed chair AxiosKevin Warsh Has a Tough Job Ahead. It's Not the First Time. The New York TimesKevin Warsh's Three Tasks: Shrink the Fed, Tame Inflation, Manage the President. The Wall Street JournalHow a Famed Economist Views Kevin Warsh for Fed Chair PoliticoWhy Gold and Silver Crashed After Trump Named Fed
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Mortgage rates didn't move after President Donald Trump announced his pick of Kevin Warsh as the next Federal Reserve chair.
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Stock Market News, Jan. 30, 2026: Silver Plunges, Nasdaq Falls Following Trump Fed Pick The Wall Street JournalWhy Wall Street is unhappy with Trump's pick for Fed chair Axios3 things to know about Kevin Warsh, Trump's pick for Fed chair PBSHow a Famed Economist Views Kevin Warsh for Fed Chair Politico
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President announces former Fed governor as his nominee to succeed Jay Powell
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The nomination of Kevin Warsh "avoids a lot of the worst-case scenarios, but it's still unclear what impact he will have on rates," one strategist said.
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Platinum also plummets as Trump picks Warsh as next Fed chair
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Gold, silver and copper suffered from a selloff on Friday, as the dollar rose on expectations that Kevin Warsh will be the next Federal Reserve chair.
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