Reported 26 days ago
President Trump is set to announce a replacement for Federal Reserve governor Adriana Kugler, who resigns this week. This decision may pave the way for his chosen successor to potentially take over as Fed Chair Jerome Powell's term ends in May. Speculations point to former Fed governor Kevin Warsh and current Chair of the President’s Council of Economic Advisors Kevin Hassett as top candidates. Trump's choice is expected to align with his push for more aggressive interest rate cuts.
Source: YAHOO