Stock Market Today, Jan. 30: President Trump makes market-moving announcement about the future of Federal Reserve [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
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Source: Yahoo! Finance
Happy Friday. This is TheStreet's Stock Market Today for Jan. 30, 2026. You can follow the latest updates on the market here in our daily live blog. The U.S. market is now opened for the day. This morning, President Donald Trump announced his new Fed Chair pick: Kevin Warsh , who served as a Fed Governor from 2006 to 2011, playing a unique role in the central bank during the 2008 financial crisis. In the more than decade since Warsh left his post at the central bank, he has served on the board of United Postal Service , become a lecturer at Stanford, and taken up a few other posts. During the '08 crisis, Warsh had been an advocate for higher interest rates, an interesting position considering the crisis. He's also been an advocate for shrinking the Fed's $7 trillion balance sheet and letting asset prices fall, a trade which is likely to garner controversy. One way that Warsh, despite his held beliefs, might be able to reason towards the lower interest rates that President Donal
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