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BoE's Bailey welcomes Warsh as Trump's choice to lead U.S. Fed

ReutersFeb 5, 2026 1:27 PM

LONDON, Feb 5 (Reuters) - Bank of England governor Andrew Bailey on Thursday welcomed U.S. President Donald Trump's choice of former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell's leadership term ends in May.

"I welcome the nomination of Kevin Warsh," Bailey told a press conference. "This is not a Jay (Powell) versus Kevin thing ...I know both of them very well. They're both very qualified."

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