Trump to Nominate Kevin Warsh as Federal Reserve Chair as Yields Rise

#WashingtonDC, #USA
Donald Trump is set to announce the nomination of Kevin Warsh to succeed Jerome Powell as the next chair of the Federal Reserve following a months-long search.Financial markets saw gold prices plunge five percent and Treasury yields rise as investors reacted to the selection of Kevin Warsh, who previously served on the central bank board.The transition faces hurdles including a DOJ investigation into headquarters renovation costs and a potential government shutdown in the USA.
Published:2h |Updated:47m
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#KevinWarsh#Fed#JeromePowell#DOJ#DonaldTrump#USA#ThomTillis#KevinHassett#ChristopherWaller#RickRieder#ScottBessent#ElisabetKopelman
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