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Warsh to face 'tall task' as Fed chair, Bostic says

ReutersFeb 2, 2026 6:11 PM

- Kevin Warsh, President Donald Trump's nominee to be the next Federal Reserve chair, faces a "tall task" in leading the U.S. central bank, particularly if he aims to convince the members of the policy setting committee to go along with him on monetary policy decisions, Atlanta Fed President Raphael Bostic said on Monday.

"If you want to have policy enacted or go in a direction that you want, you've got to convince them to go along, and in order to do that, you've got to build a relationship with them," Bostic said at the Rotary Club of Atlanta. "You have to build their trust. You have to show your wisdom and guidance. And those things don't happen overnight. And so it's just a huge undertaking."

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