Buffett Backs Warsh as Fed Chair: "Trump Made a Good Choice"

Legendary investor Warren Buffett publicly voiced his support for President Trump's decision to appoint Kevin Warsh as Federal Reserve Chair, calling it a good choice. Buffett expressed his belief that Warsh would bring full dedication and effort to the position. Such a comment from Buffett is notably rare, as the investor typically refrains from weighing in on government personnel decisions, making his endorsement particularly noteworthy for markets. Coming on the heels of Warsh's own congressional testimony — where he pledged a vigilant push to return inflation to the 2% target — Buffett's endorsement adds a layer of market confidence in the continuity and predictability of US monetary policy.