Tag: Kevin Warsh

• Monday, February 2nd 2026 - 17:43 UTC

  China’s Xi calls to make Renminbi “a powerful currency,” as Trump is ready to change Fed’s chair

  

  China’s President Xi Jinping has called for the renminbi to achieve global reserve currency status, “a powerful currency” according to remarks published on Saturday in Qiushi, the Chinese Communist Party’s flagship ideology journal.

• Friday, January 30th 2026 - 18:50 UTC

  Trump taps Kevin Warsh to lead the Federal Reserve, setting up a high-stakes confirmation fight

  

  Donald Trump said on Friday he will nominate Kevin Warsh, a former Federal Reserve governor, to become the next chair of the U.S. central bank, replacing Jerome Powell when Powell’s term as chair expires in May. The announcement, delivered via Truth Social, follows months of speculation over who would inherit the world’s most consequential monetary-policy job.