President Trump is set to announce a new Federal Reserve Chair next week, with Rick Rieder and Kevin Warsh emerging as top contenders, signaling potential shifts in U.S. monetary policy.
U.S. President Donald Trump has nearly finalized his choice for the next Federal Reserve Chair to replace Jerome Powell in May, with former Fed Governor Kevin Warsh leading the nomination race at 45%, followed by Rick Rieder at 33%. The decision, expected next week, could impact U.S. monetary policy and global markets.