Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Washington, Jan. 30 (Xinhua) — U.S. President Donald Trump on Friday announced the nomination of former Federal Reserve Board member Kevin Warsh to become the new head of the Federal Reserve.
His nomination, proposed two days after the Fed's decision to keep its target range for the federal funds rate unchanged at 3.5 percent to 3.75 percent, now faces confirmation by the US Senate.
“I have known Kevin for a long time and have no doubt that he will go down in history as one of the great Fed chairmen, perhaps the best,” Trump said on Truth Social, announcing his choice.
“On top of everything else, he is the ‘perfect candidate’ and will never let you down,” the American president wrote. –0–
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