Trump taps Kevin Warsh to chair Federal Reserve [NBC News]If confirmed by the Senate, Warsh would succeed Jerome Powell, whose tenure as chair ends in May…. Warsh's Senate confirmation process will likely be made much more difficult as a result of the pressure campaign Trump has waged against Powell and the bank to drastically lower interest rates….On Friday, Sen. Thom Tillis, R-N.C., a member of the Senate Banking Committee, reaffirmed that he would not back Warsh's confirmation until a recentl...
Continue Reading
Sign up for FREE to read the full article and access 128K+ alternative investment headlines.