Nomination comes as Trump heaps pressure on Powell to cut interest rates; Warsh to face challenging Senate confirmation.
Share
Save
United States President Donald Trump has nominated former Federal Reserve Governor Kevin Warsh to head the US central bank when current Federal Reserve Chair Jerome Powell’s term ends in May.
The announcement on Friday caps a months-long, highly publicised search for a new chair of the Federal Reserve, widely regarded as one of the most influential economic officials in the world.
