--- title: "Fed's Daly: Nominee Kevin Warsh Will Have His Own Views, But Economy May Bring Surprises" type: "News" locale: "en" url: "https://longbridge.com/en/news/283183554.md" description: "San Francisco Fed President Daly stated that Kevin Warsh, as the nominee for Federal Reserve Chair, may have a series of plans, but he cannot foresee the economic surprises he will face upon taking office. Daly noted that Warsh will take office with specific ideas, but the economy will determine the tasks that actually need to be addressed. Warsh has already expressed support for Trump's desire for an interest rate cut" datetime: "2026-04-17T18:42:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283183554.md) - [en](https://longbridge.com/en/news/283183554.md) - [zh-HK](https://longbridge.com/zh-HK/news/283183554.md) --- # Fed's Daly: Nominee Kevin Warsh Will Have His Own Views, But Economy May Bring Surprises San Francisco Fed President Daly stated that Kevin Warsh may have a series of plans for major changes at the U.S. central bank, but like previous Fed leaders, once in office, he cannot foresee what economic surprises he may need to address. "He will take office with a set of specific ideas about what he wants to think about and execute," Daly said at a meeting of the advisory board of the Fisher Center for Real Estate & Urban Economics at the University of California, Berkeley. "Then, the economy will present us with the tasks we actually need to handle; this is a process every Fed Chair, all Fed decision-makers, and the entire staff must go through." As President Trump's chosen successor to Jerome Powell, Kevin Warsh has already expressed support for lowering interest rates in line with Trump's wishes. ### Related Stocks - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [FNCL.US](https://longbridge.com/en/quote/FNCL.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [IAI.US](https://longbridge.com/en/quote/IAI.US.md) ## Related News & Research - [We're Precisely 1 Month Away From a Historic Shake-Up at the Federal Reserve -- and Wall Street Isn't Ready for It](https://longbridge.com/en/news/282808954.md) - [The Federal Reserve’s April Inflation Forecast Is In, and It’s Bad News for Stock Market Bulls](https://longbridge.com/en/news/283164767.md) - [GRAPHIC-US equity funds extend inflows on Iran de-escalation hopes](https://longbridge.com/en/news/283135944.md) - [BUZZ-Street View: In a shaky world, BlackRock’s breadth pays off](https://longbridge.com/en/news/282804870.md) - [BlackRock earnings beat, but AUM decline tells a bigger story](https://longbridge.com/en/news/282680281.md)