Trump's new pick 'may struggle' to get Fed on board with MAGA agenda: report

Trump's new pick 'may struggle' to get Fed on board with MAGA agenda: report

President Donald Trump's next pick to lead the Federal Reserve may have a much more difficult time achieving the president's goals than he thinks, according to a report. Kevin Warsh, who Trump has endorsed to succeed Federal Reserve Chairman Jerome Powell when he steps down in May, could take over the central bank at a time when the president is seeking to dramatically cut interest rates. However, justifying that among the Federal Reserve's Board of Governors may be more difficult than it seems,...

📰 Original Source

Read full article at Rawstory →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.