The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.

Powell's term ends in May.

Reactions are already pouring in from prominent economists and business leaders about President Donald Trump nominating Kevin Warsh.

If confirmed, Trump's pick to lead the Federal Reserve will assume the role at a time when maintaining its credibility will be part of the job.

Trump names his Fed chair nominee and strikes a deal with Senate Democrats ahead of a government shutdown deadline.

How Warsh will go about leading the Fed remains to be seen. For now, here are a few takeaways for investors to chew on.

President Donald Trump nominated Kevin Warsh as the next chair of the Federal Reserve Jan. 30. Here's what to know.

President Donald Trump's Federal Reserve pick Kevin Warsh faces a Senate hurdle as a GOP senator could block his confirmation over criminal probe of current Fed Chair Jerome Powell.

Kevin Warsh’s long-held desire to slash the Federal Reserve’s balance sheet is likely to clash with Donald Trump’s relentless calls for the central bank to depress long-term borrowing costs, big fund managers have said.

President Donald Trump has selected former Federal Reserve governor Kevin Warsh to serve as the next chair of the Fed, putting a well-known critic of the U.S. central bank in its top job. Trump made the announcement in a Truth Social post at 6:48 a.m. Eastern.

President Donald Trump nominated Kevin Warsh as Federal Reserve chair to replace Jerome Powell, sparking mixed reactions from key senators ahead of a contentious confirmation process.

Andrew Slimmon, Morgan Stanley senior portfolio management, joins 'The Exchange' to discuss Trump's nomination to head the Federal Reserve, Kevin Warsh.