Trump Nominates Kevin Warsh to Lead Federal Reserve Following Search
Donald Trump nominated former central bank governor Kevin Warsh to replace Jerome Powell as the chair of the Federal Reserve starting in May.The appointment triggered immediate volatility in financial markets as gold prices fell 5 percent and the dollar index strengthened by 0.4 percent.This selection occurs as the
USA government faces a potential shutdown and a
DOJ investigation into a $2.5 billion renovation at the central bank.
Published:3h |Updated:1m