Ex-Fed Governor Warsh Open to Chair Role, Signals Support for Near-Term Cut

Former Federal Reserve governor Kevin Warsh said in a Fox News interview that he would be “honored to serve” if the president asked him to become Fed chair. Warsh, who sat on the Board of Governors from 2006 to 2011, has been mentioned periodically as a potential candidate to succeed Chair Jerome Powell when his term expires in early 2026. Warsh also signaled support for a reduction in the policy rate at the U.S. central bank’s meeting next week, saying he would vote for a cut were he still on the Federal Open Market Committee. He added that Washington must demonstrate to financial markets that it is serious about curbing government expenses, framing fiscal discipline as essential to sustaining growth and price stability.