
Trump to announce Federal Reserve chair nominee today; French economy slows – business live
Rolling coverage of the latest economic and financial newsThe Financial Times have nailed their trousers to the mast, declaring that Donald Trump is preparing to nominate former Federal Reserve governor Kevin Warsh to replace Jay Powell as Fed chair, citing three sources.They write:Warsh — who was the youngest Fed governor ever when he joined the central bank in 2006 — is known for his connections on Wall Street and in Washington policymaking circles.While he has a long-standing relationship with the president, some viewed his hawkish stance during his time at the Fed as a big obstacle to winning Trump’s trust. Continue reading...








