Kevin Warsh Picked to Lead Federal Reserve
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 30 January 2026
⏱️ 7 minutes
🧾️ Download transcript
Summary
Discover why Kevin Warsh was picked to lead the Federal Reserve. Learn more about who Kevin Warsh is and his ability to lead the Federal Reserve.
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Transcript
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| 0:00.0 | Be Wealthy and Smart, episode 1618. |
| 0:03.7 | I'm going to live the rich life, full than best life, just if y'all know what I mean, put your hands up and declare with me, yeah, I'm full of bread, eh, eh, eh, ha, ha. I'm going to live a good life. |
| 0:21.6 | A beautiful and glorious life. |
| 0:24.6 | Step into a world of wealth and financial freedom without budgets, boredom or bosses on Be Wealthy and Smart. |
| 0:33.6 | And now, here's your host, Linda P. Jones. |
| 0:38.3 | Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's wealth mentor, empowering women and men worldwide to financial freedom. |
| 0:45.3 | On today's show, we're going to talk about Kevin Warsh picked to lead the Federal Reserve. |
| 0:51.3 | According to Yahoo Finance, President Trump announced that he's chosen former Fed Governor Kevin |
| 0:56.6 | Warsh as his pick to lead the Federal Reserve. |
| 0:59.6 | If formally nominated and confirmed by the Senate, Warsh would replace current Fed Chair Jerome |
| 1:04.6 | Powell when his term ends in May. |
| 1:07.0 | Who is Kevin Warsh? |
| 1:08.3 | He's 55 from Albany, New York, and received a degree in public policy with a focus on |
| 1:13.2 | economics and statistics from Stanford in 1992. In 1995, Warsh worked in mergers and acquisitions at |
| 1:20.4 | Morgan Stanley and earned a law degree from Harvard. Beginning in 2002, he served as a special assistant to |
| 1:27.0 | President George W. Bush for economic policy |
| 1:30.0 | and as an economic secretary at the National Economic Council, where he advised the president |
| 1:35.5 | and senior administration officials on the U.S. economy. Notably, Warsh has experience |
| 1:40.3 | navigating the central bank. Bush appointed him to serve as Fed governor from 2006 until |
| 1:46.0 | 2011. During his tenure at the central bank, he became former Fed Chair Ben Bernanke's liaison to |
| 1:52.8 | Wall Street during the chaos of the 2008 financial crisis. Warsh is seen as the conventional |
| 1:58.8 | choice for the role. Like all the candidates Trump was considering, Warsh is expected to push for lower interest |
... |
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