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Summary: Trump names Kevin Warsh as next Federal Reserve chair NHK

- President Trump has nominated Kevin Warsh to be the next Federal Reserve chair.
- Warsh, a former Fed governor, previously served under President George W. Bush and has a background in finance.
- His nomination requires lawmaker approval and comes as Trump has advocated for interest rate cuts.

A: Hey Hana, did you hear any news today?

B: Oh, hi Kenji! No, not really. What's up?

A: Trump wants to pick a new head for the Federal Reserve! It's a big deal.

B: Seriously? Who is it?

A: His name is Kevin Warsh. He used to work there before, too.

B: Wow! He sounds important. Trump seems really happy about it. He posted on social media!

A: Yeah, he called him the “best ever!” Pretty strong words, huh?

B: Definitely! So, why does Trump want a new person?

A: Apparently, he wants the Fed to lower interest rates more.

B: Oh, I see. Warsh seems to agree a bit more with that idea now.

A: Exactly! He has a lot of experience, he went to Harvard and worked at Morgan Stanley.

B: But does this mean the new person is guaranteed?

A: Not yet. Lawmakers have to approve him first. It’s not a sure thing.

B: Hmm, interesting! So, it's all a bit uncertain then?

A: Pretty much. We’ll see what happens!
Summary
Trump nominated Kevin Warsh for Federal Reserve chair, a former governor with finance experience. The move follows Trump's call for interest rate cuts, and requires lawmaker approval. #FederalReserve #Trump #Warsh
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Date Name Words Time WPM
2026/02/01 07:39 Anonymous 223 89s 150
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ID: 059fe669-279e-4f94-92da-92b530a3c9ef

Category ID: listed_summary

URL: https://www3.nhk.or.jp/nhkworld/en/news/20260131_N01/#summary

Date: Jan. 31, 2026

Notes: NHK News Summary - 2026-01-31

Created: 2026/01/31 12:40

Updated: 2026/02/01 07:39

Last Read: 2026/02/01 07:39

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