A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell's term expires.

U.S. President-elect Donald Trump floated the idea of appointing Kevin Warsh as Treasury Secretary on the understanding that he could later be Federal Reserve chair, the Wall Street Journal reported on Thursday,

Trump discussed the potential arrangement with Warsh during a meeting Wednesday at Mar-a-Lago, the president-elect’s private club in Florida, some of the people said. Warsh is a