Trump Expected to Nominate Kevin Warsh as Federal Reserve Chair
Donald Trump is expected to nominate Kevin Warsh as the next chair of the Federal Reserve on Friday morning following a search process that lasted several months.Gold prices dropped 5% to $5,152 while the dollar strengthened as investors reacted to the potential shift in leadership and monetary policy.Senator
Thom Tillis has vowed to block any nomination due to an ongoing
DOJ criminal investigation into
Jerome Powell regarding a $2.5B building renovation.
Published:1h |Updated:25m