Trump Taps Kevin Warsh to Lead Fed; Mortgage Rates Expected to Stay Steady
By: Chen Zhao | Published: 2026-01-30 14:23:04 | Source: www.redfin.com
President Trump announced Friday that Kevin Warsh is his choice to succeed Jerome Powell as Fed chair.
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Takeaway: The president’s choice to nominate Kevin Warsh is a “business as usual” pick who should inspire confidence from markets and his colleagues. The housing market should expect mortgage rates to hold steady; this nomination won’t push rates up or down.
Financial markets…
