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Trump picks Kevin Warsh for Fed chair, but key Republican vows to block him over Powell investigation

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Trump's Fed Chair Pick Faces Opposition, Artemis Launch Delayed, Government Shutdown Looms, and More

Washington, D.C. – President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chairman faced immediate opposition, while NASA delayed its first Artemis moonshot with astronauts due to extreme cold. Meanwhile, the threat of a government shutdown loomed as a Senate deal stalled, and American ski star Lindsey Vonn suffered a crash, jeopardizing her Olympic comeback. In Minnesota, federal agents made additional arrests related to the church storming incident involving anti-ICE protestors.

President Trump announced his selection of Kevin Warsh, a former Fed governor, to lead the Federal Reserve in a Truth Social post early Friday morning. "I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best," Trump stated. "He will never let you down." Warsh served on the Fed's board from 2006 to 2011 and advised then-Chairman Ben Bernanke during the 2008 financial crisis, according to ABC News. However, a key Republican senator vowed to block Warsh's nomination due to an investigation into current Fed Chair Jerome Powell, ABC News reported.

In space news, NASA postponed the first Artemis moonshot with a crew due to expected near-freezing temperatures at the launch site in Cape Canaveral, Florida. The launch is now targeted for no earlier than February 8, two days later than initially planned, according to the Associated Press. A critical fueling test of the 322-foot moon rocket, originally scheduled for Saturday, was postponed to Monday, weather permitting, the AP reported.

On Capitol Hill, a government shutdown loomed as a Senate deal to fund the government stalled amid disagreements over spending. Fox News reported that Republican anger over earmarks and potential changes to the Department of Homeland Security (DHS) derailed the progress of a six-bill funding package. Senate Minority Leader Chuck Schumer and President Trump agreed to strip out the DHS funding bill and instead fund the agency with a two-week continuing resolution, according to Fox News. Senator Graham called the spending plan a "bad deal," Fox News reported.

In sports, Lindsey Vonn was airlifted from a World Cup race in Crans-Montana, Switzerland, after a crash during her final run, putting her Olympic comeback in jeopardy. Vonn, who returned to ski racing last season after nearly six years away, appeared to lose control while attempting to land a jump, Fox News reported. The Milan-Cortina Games are scheduled to begin in one week.

In Minnesota, federal authorities arrested three more individuals in connection with the storming of a church in St. Paul by anti-ICE agitators. This follows the arrest of former CNN anchor Don Lemon. "At my direction, early this morning, federal agents arrested Don Lemon, Trahern Jeen Crews, Georgia Fort, and Jamael Lydell Lundy, in connection with the coordinated attack on Cities Church in St. Paul, Minnesota," Attorney General Pam Bondi stated, according to Fox News.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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