Trump to announce Federal Reserve chair pick Friday after meeting Kevin Warsh

WASHINGTON: President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, with speculation intensifying that the nod will go to former Fed Governor Kevin Warsh. “I’ll be announcing the Fed chair tomorrow morning,” Trump said at the Kennedy Center on Thursday, in response to a question. The pick is “a person that won’t be too surprising to people. A lot of people think that this is somebody that could have been there a few years ago.

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