Trump Nominates Kevin Warsh to Lead Federal Reserve as Powell Term Ends
Donald Trump nominated Kevin Warsh to lead the Federal Reserve after current chair Jerome Powell finishes his term in May.The selection of Kevin Warsh, who has recently advocated for lower interest rates and institutional reform, triggered a sharp drop in gold prices while treasury yields increased.Senate confirmation remains uncertain as
Thom Tillis vowed to block all nominees until the
DOJ completes an investigation into a $2.5 billion renovation at the central bank.
Published:4h |Updated:17m