Global economist Mohamed El-Erian commented on the nomination of Kevin Warsh to lead the Federal Reserve, congratulating him on being nominated by US President Donald Trump to head 'the most powerful central bank in the world.' El-Erian added that Warsh's commitment to reforming and modernizing the Federal Reserve is a positive indicator that should enhance its effectiveness. In a post on the X platform, El-Erian said he had interacted with Warsh during multiple periods, both while he served as a Federal Reserve governor and in the academic field, as well as a colleague at the Group of 30 (G-30), stressing that Warsh possesses a strong combination of deep expertise, broad experience, and high communication skills.
