President Trump nominates Kevin Warsh to lead the Federal Reserve as Powell prepares to step down

President donald trump has nominated former Federal Reserve Governor kevin warsh to lead the central bank of the US when the term of current Chair jerome powell concludes in May. The announcement marks the end of a months-long selection process that included contenders such as Fed Governor christopher waller and rick rieder. This decision follows a period where donald trump has intensified efforts to influence monetary policy.