Published: Jan 31, 2026, 10:51 IST | Updated: Jan 31, 2026, 10:51 IST
President Donald Trump has named his choice to lead the federal reserve,
A decision that could shape interest rates, inflation, and the broader US Economy.
Trump says he will nominate former fed governor Kevin Warsh to replace current chair Jerome Powell, whose term ends in may.
The pick is already moving markets and raising concerns about the future independence of the central bank.