Trump Nominates Kevin Warsh to Lead Federal Reserve as Markets React

#WashingtonDC, #USA
Donald Trump nominated Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve when his term ends in May 2026.The nomination faces a challenge from Senator Thom Tillis, who pledged to block the process until a DOJ investigation into Jerome Powell regarding a $2.5 billion renovation is completed.Financial markets reacted to the announcement with the dollar strengthening while gold prices dropped 5% and silver plunged more than 13%.
Published:2h |Updated:1h
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#DonaldTrump#FederalReserve#KevinWarsh#DOJ#JeromePowell#USA#ThomTillis#ElizabethWarren#MarkWarner#JaneLauder#RonaldLauder#RaghuramRajan#AlanBlinder
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