Trump to Name New Federal Reserve Chair Friday Amid Rate Cut Demands

#WashingtonDC, #USA
Donald Trump is scheduled to announce his nominee for the Federal Reserve chair on Friday morning after previously suggesting the decision would arrive next week.BlackRock executive Rick Rieder has emerged as a top candidate alongside Kevin Warsh and Kevin Hassett as the president seeks a leader who will aggressively cut interest rates.The announcement follows escalating tension with current chair Jerome Powell, who is facing a Justice Department investigation into his testimony regarding headquarters renovations.
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#DonaldTrump#FederalReserve#JeromePowell#BlackRock#RickRieder#DOJ#KevinWarsh#KevinHassett#JeaninePirro#LarryKudlow#KushDesai#EdMills
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