Trump nominates Kevin Warsh as new Fed chair
Former insider and hawkish rate-setter gears up to lead world’s most important central bank
US president Donald Trump has nominated Kevin Warsh to succeed Jerome Powell as the next chair of the Federal Reserve.
Warsh, who was a Fed governor between 2006 and 2011, is currently a lecturer at the Stanford Graduate School of Business and a visiting fellow in economics at the Hoover Institution.
He was touted as one of the frontrunners for the role of Fed chair early in the race and a more conventional pick than the other candidates, such as Kevin Hassett, director of the president’s National
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