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TRUMP'S FED PICK Kevin Warsh Receives THUNDERING Support From Wall Street to Capitol Hill

Gary FranchiJanuary 30, 202624 views
TRUMP'S FED PICK Kevin Warsh Receives THUNDERING Support From Wall Street to Capitol Hill

In a move that's already sending shockwaves through the financial world, President Donald J. Trump has nominated Kevin Warsh to lead the Federal Reserve—and the response has been nothing short of extraordinary. From Capitol Hill to Wall Street, from Main Street bankers to global leaders, the praise is pouring in for what many are calling the President's most consequential appointment of his second term.

The Wall Street Journal's Editorial Board didn't mince words, declaring this "President Trump's best second-term appointment." When was the last time you saw establishment media and grassroots conservatives in such thundering agreement?

A Resume That Commands Respect

Warsh isn't some political hack being rewarded with a cushy position. This is a Stanford and Harvard Law-educated financial heavyweight who served as Morgan Stanley executive, top economic advisor to President George W. Bush, and—critically—the youngest-ever Federal Reserve Governor, where he helped navigate the treacherous waters of the 2008 financial crisis.

Unlike the bureaucrats who've steered our monetary policy into the ditch, Warsh understands what it takes to lead during economic turbulence. He's been tested. He's proven. And he's ready.

The Senate Is Ready to Confirm

Banking Committee Chairman Tim Scott set the tone immediately: "President Trump has been clear that bringing accountability and credibility to the Federal Reserve is a priority, and his nomination of Kevin Warsh reflects that focus."

Senator Bernie Moreno of Ohio captured what millions of Americans are thinking: "Unlike Powell, Kevin will make decisions based on logic and not based on politics." That's exactly what hardworking families crushed by Biden-era inflation have been waiting to hear.

Senator after senator lined up to endorse the pick—from Tom Cotton to Lindsey Graham, from Bill Hagerty to Rick Scott. Senator Tommy Tuberville put it plainly: "Time to cut rates."

Wall Street and Main Street United

Perhaps most telling is the breadth of support from the financial sector. JPMorgan Chase CEO Jamie Dimon praised Warsh as "a highly respected and experienced leader" who acts "with integrity and a dedication to making our country better." When the most powerful banker in America endorses your Fed pick, you know you've chosen wisely.

But this isn't just about the big banks. The Independent Community Bankers of America celebrated the nomination, noting Warsh's "clear understanding of the important role of community banks in the nation's economy." The Job Creators Network called him "the perfect choice," emphasizing his understanding that inflation comes from "excessive government money printing, not economic growth."

Even Canadian Prime Minister Mark Carney—not exactly a MAGA stalwart—called Warsh "a fantastic choice to lead the world's most important central bank."

A Clean Break from the Powell Era

Let's be honest, folks. The Federal Reserve under Jerome Powell became an extension of the Biden administration's reckless economic policies. Inflation exploded. The dollar weakened. American families watched their purchasing power evaporate while Fed officials played political games.

Kevin Warsh represents a complete reset. As Senator Rick Scott noted, "The Fed has lost its way. I believe Kevin understands the need to reduce the balance sheet and rein in out-of-control spending at the Fed."

House Budget Chairman Jodey Arrington, who worked alongside Warsh in the Bush White House, delivered perhaps the most powerful endorsement: "He has questioned the Fed's recent failures, criticized the Fed's overreach of the past, and rightfully admonished the Fed's complicity in the explosion of our national debt."

What This Means for You

For everyday Americans struggling with mortgage rates and credit card bills, this nomination matters. The Mortgage Bankers Association immediately praised the pick, recognizing that Fed policy directly impacts whether young families can afford their first home.

Chevron CEO Mike Wirth highlighted the energy dimension: "Energy abundance is a national imperative, AI leadership requires unprecedented power, and geopolitics are reshaping the energy map." Warsh understands that monetary policy and energy dominance go hand-in-hand in fueling the American economy.

The Path Forward

National Economic Council Director Kevin Hassett summed it up: "President Trump made a great choice... we're going to put every effort that we have into getting him confirmed as soon as possible so that we can get the Fed moving in the right direction."

The Senate should waste no time. Americans have suffered long enough under monetary policy that served Washington's interests over theirs. Kevin Warsh represents accountability, competence, and a return to the Fed's core mission.

President Trump promised to drain the swamp and restore American prosperity. With this nomination, he's delivering on both fronts. The question now is simple: Will the Senate act swiftly, or will they let politics delay the economic relief American families desperately need?

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Gary Franchi

Award-winning journalist covering breaking news, politics & culture for Next News Network.

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P
PatriotEconVerified9 hours ago
Finally! Someone with actual Wall Street experience who understands how markets really work. Warsh has the credibility to restore confidence in the Fed after years of political games.
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FiscalHawk2024Verified41 minutes ago
Absolutely right. His track record during the 2008 crisis shows he can handle pressure and make tough decisions.
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MarketWatcher55Verified4 hours ago
This is exactly what we need - someone who won't cave to political pressure from either party. The Fed needs to get back to its core mission of price stability.
B
BusinessFirstVerified3 hours ago
The fact that he's getting support from both Wall Street AND Main Street conservatives tells you everything. This isn't about politics - it's about competence and getting our monetary policy back on track.
C
ConservativeDadVerified1 hours ago
I remember reading Warsh's op-eds in the WSJ back in 2010-2012. Guy always made sense and wasn't afraid to call out bad monetary policy. Great pick!
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GoldBugLibertyVerifiedjust now
About time we get someone who understands that endless money printing isn't the answer to every economic problem.
R
RedStateInvestorVerifiedjust now
THUNDERING support is right! My portfolio has been waiting for someone like this. Question though - when does the confirmation hearing start?
D
DCInsiderVerifiedjust now
Banking Committee will likely schedule hearings within 2-3 weeks. Should be smooth sailing given the bipartisan support mentioned in the article.