U.S. President Donald Trump announced on Wednesday the official nomination of Kevin Warsh to serve as Chairman of the Federal Reserve (the U.S. central bank). This nomination is a significant step in the country's economic policy. Kevin Warsh has extensive experience in the financial sector. His nomination will now be considered by the U.S. Senate. The confirmation process is expected to take place in the coming weeks.
Trump Nominates Warsh as Fed Chair
U.S. President Donald Trump officially nominated Kevin Warsh to lead the Federal Reserve. The nomination will go to the Senate for approval.