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Trump nominates Kevin Warsh to be next Fed chairman

By Zach Halaschak
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President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to be the next chairman of the central bank’s Board of Governors.

Warsh, 55, would replace current Fed Chairman Jerome Powell when his term is up. The pick was announced in advance of Powell’s departure in May, as expected by Fed watchers.

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Federal Reserve Inflation Interest Rates Kevin Hassett Kevin Warsh Monetary Policy Senate Trump Administration Wall Street Washington D.C