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Euronews
Euronews
Euronews with AP

Trump expected to nominate Kevin Warsh as Fed chair on Friday morning

US President Donald Trump said he plans to announce his choice for chairman of the Federal Reserve on Friday morning, a decision that could hold significant consequences for the central bank’s independence.

Betting odds have shifted towards Kevin Warsh, a former Fed governor, following a report in the Financial Times that he will be granted the top job.

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