John Authers, Columnist

A Hawk or a Dove? Understanding Kevin Warsh

The appointment signals that the bare-knuckles legal fight to control the Fed is over.

February 2, 2026 at 5:00 AM UTC

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

There’s more to Kevin Warsh.
Photographer: David Paul Morris/Bloomberg

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On Friday, Kevin Warsh received the presidential nomination to be the next chairman of the Federal Reserve. If confirmed, he will be only the sixth leader of the world’s most powerful central bank in almost half a century. Also on Friday, silver suffered its biggest fall in history as precious metals tanked and the dollar rallied.