Trump’s pick follows his attacks on current Fed Chair Jerome Powell, who this week paused cuts to interest rates despite pressure from the president.
ByAntonio Pequeño IV,
Forbes Staff
andSiladitya Ray,
Forbes Staff.
President Donald Trump on Friday announced he will nominate Kevin Warsh—a former Federal Reserve governor—as his pick to succeed Jerome Powell as the chair of the central bank.
Trump told reporters he will make the announcement on Friday morning, and said his pick is someone "a lot of people think...that…
Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank
President Donald Trump announced Friday that he has nominated Kevin Warsh to be the next chair of the Federal Reserve Board,…
The 55-year-old economist had been considered for Fed chair during Trump's first term.
I "have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best," Trump wrote on his Truth Social platform.
Choice of former Fed governor to succeed Jerome Powell comes amid attack on central bank’s independence
Who is Kevin Warsh, Trump's pick for Fed chair?
