Insider: Trump Considering Having Kevin Warsh Serve as Treasury Secretary First, Then Take Over as Fed Chair

BlockBeats News, November 22nd, according to sources familiar with the matter, U.S. President-elect Trump has proposed selecting financier Kevin Warsh as his Treasury Secretary, with a caveat that when Jerome Powell's term as Federal Reserve Chairman ends in 2026, Warsh may be nominated to lead the Fed.

Some sources said Trump discussed possible arrangements with Warsh on Wednesday at his private club Mar-a-Lago in Florida.

Warsh is a top pick to lead the Treasury Department, but as of Thursday evening, Trump had not yet decided who to select for this key cabinet position. Sources familiar with the matter said Trump is still weighing how to handle the vacancy of the Fed Chair position and may wait until Powell's term ends in May 2026 to make a final decision.

Some say Trump is considering appointing investor Scott Bessent to lead the National Economic Council, with Bessent potentially being nominated as Treasury Secretary later in his term if Warsh becomes Fed Chair. (金十)