Trump Considers Kevin Warsh for Treasury Secretary

President-elect Donald Trump is reportedly considering Kevin Warsh, a former Federal Reserve governor, for the position of Treasury Secretary, with a potential future role as Fed Chair when Jerome Powell's term expires in 2026. This speculation follows a meeting between Trump and Warsh at Mar-a-Lago, where they discussed the implications of such appointments. Warsh's support for central bank digital currencies (CBDCs) has raised concerns within the crypto community about his impact on private cryptocurrency innovation. Additionally, Trump is contemplating appointing Scott Bessent to lead the National Economic Council, who could eventually succeed Warsh as Treasury Secretary. While Warsh currently has a 60% chance of being appointed, Trump is known for changing his mind, and no final decision has been made yet. The ongoing deliberations reflect significant uncertainty in Trump's Cabinet selections as he prepares for his administration.