President Donald Trump announced on social media that he wants Kevin Warsh to chair the Federal Reserve. Warsh was on the Fed's board for five years starting in 2006.
Breakdown
- President Trump nominates Kevin Warsh as Federal Reserve chair 8s
- Warsh served as Fed governor from 2006 to 2011, left before term ended 49s
- Initially a 'hawk,' Warsh now supports lower interest rates and deregulation 1m 17s
- Warsh criticized Fed building renovation, leading to DOJ investigation 1m 53s