MercoPress. South Atlantic News Agency

Trump taps Kevin Warsh to lead the Federal Reserve, setting up a high-stakes confirmation fight

Donald Trump said on Friday he will nominate Kevin Warsh, a former Federal Reserve governor, to become the next chair of the U.S. central bank, replacing Jerome Powell when Powell’s term as chair expires in May. The announcement, delivered via Truth Social, follows months of speculation over who would inherit the world’s most consequential monetary-policy job. Read full article