Home>Articles>Trump Shakes the Fed as Kevin Warsh Nomination Signals End of Economic Mismanagement

Trump Shakes the Fed as Kevin Warsh Nomination Signals End of Economic Mismanagement

By TheNevadaGlobeStaff, February 1, 2026 8:00 am

President Trump did not just make a personnel pick. He threw a brick through the window of the Washington economic establishment.
The nomination of Kevin Warsh to lead the Federal Reserve is being hailed by conservatives as a long overdue course correction at an institution that spent years losing credibility while everyday Americans paid the price.
For too long, the Federal Reserve drifted from its core mission. Inflation exploded. Interest rates whiplashed families and small businesses. Unelected technocrats lectured the country while pretending the damage was unavoidable. Under current leadership, including outgoing Chair Jerome Powell, the Fed became reactive, political, and increasingly disconnected from the real economy.
Trump’s pick signals that era is ending.
Kevin Warsh is not a Beltway academic or a partisan activist hiding behind spreadsheets. He is a seasoned financial mind who understands markets, capital flows, and the real world consequences of bad monetary policy. He has served inside the Federal Reserve before and has been one of the most vocal critics of its recent failures. That alone explains the panic now rippling through progressive economic circles.
The reaction tells the story.
Business leaders, conservative economists, and fiscal hawks applauded the nomination almost instantly. They see Warsh as someone who will restore discipline, transparency, and accountability to an institution that has operated without meaningful consequences for its mistakes. Inflation did not happen by accident. It was enabled by policy choices. Warsh has been clear that those choices should never be repeated.
Democrats and their allies are already sounding alarms about independence. What they really mean is control. For years, independence became a shield that protected the Fed from criticism while its policies crushed wages, wiped out savings, and made home ownership a fantasy for millions of Americans. Trump is reminding Washington that independence does not mean immunity from results.
For Nevada families, this matters more than cable news talking heads want to admit. Higher interest rates slammed homebuyers in Las Vegas and Reno. Small businesses across the state struggled to expand as borrowing costs surged. Inflation hit working class Nevadans first and hardest. The Fed’s failures were not abstract. They were personal.
Warsh represents a reset.
This nomination is about restoring focus. Stable prices. Predictable policy. Growth that benefits workers, not just financial elites. Conservatives understand that a strong economy does not come from endless stimulus, ideological experiments, or central planners guessing their way through crises.
President Trump understands it too.
By nominating Kevin Warsh, Trump is sending a clear message that economic leadership is back, seriousness is back, and the days of the Federal Reserve operating on autopilot are numbered. Washington may not like it. Wall Street insiders may grumble. Progressive economists may panic.
But for Americans who lived through runaway inflation and economic chaos, this is exactly the kind of change they have been waiting for.

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