<p>US President Donald Trump on Friday made his pick to lead the Federal Reserve: Kevin Warsh. The former central bank governor with ties to Wall Street is seen as a mainstream pick. Still, some economists say if Warsh is confirmed, he will trigger a sweeping rethink of the Fed’s role at the centre of the world’s biggest economy. The FT’s US economics editor Claire Jones explains who Warsh is, what he wants to do at the Fed, and how it might go.</p><br><p>Clips from Fox Business, Group of Thirty&nbsp;</p><br><p>The FT does not use generative AI to voice its podcasts.</p><br><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><br><p><strong>For further reading:</strong></p><p><a href="https://www.ft.com/content/5c1af439-a1a1-4684-b27e-21a527abe676" rel="noopener noreferrer" target="_blank">Kevin Warsh’s nomination as Fed chair to spark rethink of bank’s role</a></p><p><a href="https://www.ft.com/content/2030acc1-4026-4ad1-81bc-12754389f71d" rel="noopener noreferrer" target="_blank">Kevin Warsh, the Fed chair nominee shaped by the 2008 financial crisis</a></p><p><a href="https://www.ft.com/content/e29721dc-2a70-42b8-9fdc-c1e93792c359" rel="noopener noreferrer" target="_blank">How Kevin Warsh won the race to become Donald Trump’s new Federal Reserve chair</a></p><br><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><br><p>Follow Claire Jones on X (<a href="https://x.com/senoj_erialc?lang=en" rel="noopener noreferrer" target="_blank">@senoj_erialc</a>).&nbsp;<a href="https://www.ft.com/michela-tindera" rel="noopener noreferrer" target="_blank">Michela Tindera</a> is on X (<a href="https://twitter.com/mtindera07" rel="noopener noreferrer" target="_blank">@mtindera07</a>) and Bluesky (<a href="https://bsky.app/profile/mtindera.ft.com" rel="noopener noreferrer" target="_blank">@mtindera.ft.com</a>), or follow her on LinkedIn for updates about the show and more.&nbsp;</p><br><p><a href="https://www.ft.com/content/4f1fce06-c267-4b4b-8545-78a883af8c3c" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>