Trump Set to Name New Federal Reserve Chair After Feud With Jerome Powell

Donald Trump will announce his nominee for the new Federal Reserve chair on Friday morning following months of public disputes with current leader Jerome Powell.Former Federal Reserve Governor Kevin Warsh is considered the front-runner after meeting with the president, though Rick Rieder and Christopher Waller remain potential candidates.The transition occurs as the DOJ investigates Jerome Powell over building renovations while the central bank maintains interest rates between 3.5% and 3.75%.