Warsh Expected for Federal Reserve Chair as Gold Prices Plummet

#WashingtonDC, #USA
Donald Trump is expected to nominate former governor Kevin Warsh as the next chair of the Federal Reserve on Friday morning to succeed Jerome Powell when his term ends in May.Financial markets reacted to the news with gold prices falling 5 percent and the dollar strengthening as investors weighed Kevin Warsh against other candidates like Christopher Waller and Kevin Hassett.The nomination arrives during a DOJ investigation into a $2.5 billion renovation of the central bank headquarters and a potential USA government shutdown scheduled for Saturday.
Published:2h |Updated:27m
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#SouthKorea#Japan#HongKong#China#Norway#DonaldTrump#USA#KevinWarsh#DOJ#JeromePowell#FederalReserve#ChristopherWaller#RickRieder#KevinHassett#ThomTillis#ScottBessent#KristinaClifton#KhoonGoh
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