US Senate Confirms Kevin Warsh as Fed Chair

Donald Trump

The US Senate on Wednesday confirmed Kevin Warsh as the next chairman of the US central bank (Federal Reserve - Fed), succeeding Jerome Powell, whose term ends today, according to Reuters. The Senate voted 54 to 45 to confirm Warsh. Warsh's confirmation comes amid concerns about the US central bank's independence and rising inflation. Kevin Warsh is President Donald Trump's choice to lead the Fed, as the White House seeks to tighten control over the US central bank. The banking sector will be

Tag-uri: Inflatie Donald Trump