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.
Federal Reserve Chairman Jerome Powell’s term ends in May.
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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…
Trump told reporters he will make the announcement on Friday morning, and said his pick is someone "a lot of people think...that could’ve been there a few years ago.”
Choice of former Fed governor to succeed Jerome Powell comes amid attack on central bank’s independence
Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the…
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.
Der frühere Notenbankdirektor Kevin Warsh soll Nachfolger von US-Zentralbankchef Jerome Powell werden. Das teilte US-Präsident Donald Trump am Freitag mit.
El presidente de EEUU, Donald Trump, anunció que ha nominado a Kevin Warsh para presidir la Junta de Gobernadores de la Reserva Federal.
The 55-year-old economist had been considered for Fed chair during Trump's first term.
Investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates.
Nomination comes as Trump heaps pressure on Powell to cut interest rates; Warsh to face challenging Senate confirmation.
President Donald Trump announced Friday that he has nominated Kevin Warsh to be the next chair of the Federal Reserve Board, replacing Jerome Powell.
The NEC director, once considered a clear frontrunner for the next Fed chair, said he is fine with his current role.
Trump's choice for Fed chair could have far-reaching consequences for almost all consumer borrowing costs and savings rates.
Il presidente: 'Taglierà i tassi'. Wall Street cala, sale il dollaro (ANSA)
Experts vary in their views on Kevin Warsh, Trump's nominee to replace Jerome Powell as head of the US central bank.
Trump nominated Kevin Warsh, an ex-Fed governor, for the role as the White House continues to attack Jerome Powell