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President Donald Trump has officially nominated Kevin Waugh to serve as the next Federal Reserve Chairman. If confirmed by the Senate, Waugh will succeed current Chairman Jerome Powell for a four-year term. The White House announced on Wednesday that the nomination paperwork has been formally submitted to the Senate. The next step in the nomination process is a hearing before the Senate Banking Committee. If Kevin Waugh is confirmed, he will serve as
U.S. President Donald Trump has officially nominated Kevin Warsh to serve as the next Federal Reserve Chair. If confirmed by the Senate, Warsh will succeed current Chair Jerome Powell for a four-year term. The White House announced on Wednesday that the nomination paperwork has been formally submitted to the Senate. The next step in the nomination process is a hearing before the Senate Banking Committee. If Kevin Warsh implements ideas such as lowering interest rates and shrinking the balance sheet, it could revive the stock market’s greatness during Trump’s presidency, and shrinking the balance sheet would be a nuclear option for harvesting global assets. $BTC $ETH $TRX