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Who Is the New Fed Chair?

January 30, 2026·20 min·1 clip

Kevin Walsh warned that the Fed's easy money policies would drive up inflation, and he was right.

This episode analyzes the appointment of Kevin Walsh as the new Federal Reserve chair, exploring his background as a Fed insider turned critic, his shift to supporting Trump's policies, and the political and economic implications. It covers past rejections, Senate confirmation challenges, and the potential for significant but gradual changes at the Fed.

As heard by us

A brisk market-minded read on Kevin Warsh, Trump, Fed reform, and the rate-cut question ahead.

The Journal treats President Trump's expected pick of Kevin Warsh as a personnel decision with real market consequences. The strongest thread is Warsh's two-track resume: former Fed insider, now a critic of the central bank's models, leadership, and tendency toward groupthink.

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