Trump taps ex-Fed governor Kevin Warsh to chair U.S. central bank

U.S. President Donald Trump said Friday he will nominate Kevin Warsh to be the next chair of the Federal Reserve, with the choice of a Wall Street veteran who was formerly a governor of the central bank seen as intended to avoid causing significant disruptions to financial markets.Trump's pick to replace Jerome Powell as the Fed chair caps a process that formally began last summer. While screening candidates in private, he has subjected Powell to relentless public criticism for not cutting interest rates more aggressively and challenged the independence of the world's most influential centr…READ FULL ARTICLE