Trump nominates Kevin Warsh as next Fed chair

By

AI Summary

Former Federal Reserve governor Kevin Warsh has been nominated as the next Fed chair; he was a candidate in 2017 but Jerome Powell was chosen instead.

Texas Relevance

The article does not mention Texas, TX, TCUD, or any Texas-specific entities. It is focused on national-level appointments and does not have direct implications for Texas credit unions.

Original Content

The former Federal Reserve governor was a candidate to lead the central bank in 2017, but the president chose Jerome Powell.