Gold and silver prices tumbled as Kevin Warsh was named to succeed Jerome Powell US President Donald Trump has tapped former Federal Reserve governor Kevin Warsh to replace Jerome Powell as the institution’s chair. Warsh has signaled that he is willing to slash interest rates, a move long advocated for by Trump. Trump revealed his choice in a Truth Social post on Friday morning, ending a months-long search for a successor to Powell. Warsh, an academic, Wall Street veteran, and former member of

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