US president Donald Trump has nominated Kevin Warsh to succeed Jerome Powell as the next chair of the Federal Reserve.
Warsh, who was a Fed governor between 2006 and 2011, is currently a lecturer at the Stanford Graduate School of Business and a visiting fellow in economics at the Hoover Institution.
He was touted as one of the frontrunners for the role of Fed chair early in the race and a more conventional pick than the other candidates, such as Kevin Hassett, director of the president’s National
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