News

Business

On HALO

3 hours ago

Who is Kevin Warsh, Trump's pick to succeed Jerome Powell as Fed chair?

As President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh is stepping back into the spotlight – and in the hot seat – as he faces lawmakers Tuesday in a high-stakes confirmation hearing that could shape the future of U.S. monetary policy. Trump announced Warsh to succeed Jerome Powell at the Fed in January, ending months of speculation over who he'd pick to head the world's most powerful central bank. Powell is set to complete his term as chairman in May.TRUMP NOMINATES KEVIN WARSH TO SUCCEED JEROME POWELL AS FEDERAL RESERVE CHAIR"I have known Kevin for a long period of time...