CFO Briefing

Prospect of a Warsh-Led Fed Starts Shaping Markets

Plus a Q&A with CFO-turned-VC Sujay Jaswa and his WndrCo co-founder Jeffrey Katzenberg

Kevin Warsh in Sun Valley, Idaho, on July 9, 2025. Photographer: David Paul Morris/Bloomberg

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By Heather Landy and Micah Barkley

February 1, 2026 at 9:00 PM UTC

This article is for subscribers only.

Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, we hear from CFO-turned-venture-capitalist Sujay Jaswa and his WndrCo co-founder Jeffrey Katzenberg (yes, that Jeffrey Katzenberg). But first, let’s take a quick look at how Wall Street reacted to the idea of a Kevin Warsh-led Federal Reserve.

The dollar was up, stocks were lower, and gold and silver were way down after President Donald Trump said he’s nominating Kevin Warsh as Federal Reserve chair.