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Trump nominates Kevin Warsh to chair Federal Reserve

CBS America · 2 months ago
CBS America
CBS America
2 months ago

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
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