1225 GMT - U.S. President Donald Trump's pick of former Federal Reserve Governor Kevin Warsh as next Fed Chair is an "excellent choice," MainSky Asset Management's Eckhard Schulte says in a note. The former member of the Fed's Board of Governors is "extremely experienced, pragmatic, and enjoys the highest respect in the financial markets," the chairman of MainSky's board says. Warsh stands out in particular for refocusing the Fed on its core tasks and moving it away from previous periods of crisis intervention, Schulte says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
January 30, 2026 07:25 ET (12:25 GMT)
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