Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump's tariffs spark a global trade war. Photographer: Tierney L. Cross/Bloomberg via Getty Images
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Trump nominates Kevin Warsh to lead Federal Reserve

President Donald Trump announced former Fed governor Kevin Warsh as his pick to be the 17th chair of the Federal Reserve after Jerome Powell's term ends in May. CNN's Alayna Treene reports.

3:22 • Source: CNN
Politics of the Day 11 videos
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump's tariffs spark a global trade war. Photographer: Tierney L. Cross/Bloomberg via Getty Images
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Trump nominates Kevin Warsh to lead Federal Reserve
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Obama: Some presidential center exhibits reflect 'unfinished business'
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'Like medicine': Dave Chappelle on celebrating culture, community at Obama Presidential Center opening
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How are Democratic Socialists viewed among Democrats? Harry Enten looks at the data
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Obama: Some presidential center exhibits reflect 'unfinished business'
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Michelle Obama praises her husband: ‘You were unflappable’
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<p>Vice President JD Vance confirmed the existence of<strong> </strong>written down “gentlemen’s agreements” with Iran on certain aspects of negotiations in a remarkable answer to CNN’s Kristen Holmes where he said “words don’t matter, ladies and gentlemen. We’re about verification."</p>
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Vance on Iran agreement: 'We don't trust words, we trust action'
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Did Trump get what he promised in agreement with Iran?
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Expert warns Iran could emerge stronger after Trump agreement
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Former U.S. negotiator: U.S. "caved" to Iran with Trump agreement
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Sen. Bernie Sanders to introduce bill to give public direct ownership stake in AI companies
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