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Stock impact report

Business leaders celebrate Trump's Fed chair pick [FOX Business Network]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
President Donald Trump on Friday announced the nomination of Kevin Warsh to serve as the next chairman of the Federal Reserve following a lengthy deliberation process. Warsh, who previously served as a member of the Fed's Board of Governors from 2006 to 2011, was under consideration for the chairman role when Trump nominated Jerome Powell to the role in 2017. Powell was reappointed to a second term in 2022, which is set to expire in May. Aside from his previous experience at the central bank, Warsh worked in the private sector at JPMorgan before serving in President George W. Bush's administration prior to his first Fed appointment, which made him the youngest Fed governor in history. He has since served in roles at the Hoover Institution, Stanford's Graduate School of Business and the board of UPS, while also serving on a panel of economic advisers to the Congressional Budget Office. Numerous business leaders and executives, as well as trade groups representing American comp Show less Read more
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