Kevin Warsh nominated to serve as next Fed chair

After months of speculation — and in a somewhat hawkish surprise — President Donald Trump has nominated Kevin Warsh to serve as the next chair of the Federal Reserve. Pending Senate confirmation, Warsh will succeed Jerome Powell once Powell’s term as chair ends in May 2026.

The Week in Markets

Kevin Warsh nominated by Trump as next Fed Chair: What do asset managers think? 🤔

President Trump’s nomination of Kevin Warsh triggered a flurry of analysis from fund firms late last week.

While Warsh is expected to eventually be confirmed by the Senate, the process may not be entirely straightforward.

Check out our teams' latest collection of content, featuring the topline views on what it means for portfolios:

Franklin Templeton - Quick Thoughts: Next Fed chair—Kevin Warsh
Invesco - Kevin Warsh nominated to serve as the next Fed chair
Lazard Asset Management - What Kevin Warsh’s Appointment Could Mean for Rates

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Private Equity Returns to Its Roots

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Long-Term Capital Market Assumptions

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Capital Market Assumptions

Why a new economic regime calls for a reassessment of risk and rewards

PNC Healthcare: Capital Markets Update - September 2025

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