Instant View: Trump to announce his Fed chief pick on Friday [Yahoo! Finance]
NATL AUSTRALIA BK S/ADR (NABZY)
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Source: Yahoo! Finance
Friday, with speculation intensifying that the nod will go to former Fed governor Kevin Warsh. Bloomberg News ?later reported that the White House is preparing for Trump to nominate Warsh as the next Fed chair, citing people familiar ?with the matter. Warsh, on the short list of candidates to lead the central bank when Powell's leadership term ends in May, went to the White House for a meeting ?with Trump on Thursday, according to one source familiar with the matter. COMMENTS: KHOON GOH, HEAD OF ASIA RESEARCH, ANZ, SINGAPORE: "I guess the appointment of Warsh, if it's true, will be seen as someone who can, in a way, remain independent, and not someone seen as likely to be subservient to Trump's wishes. "The more telling would be how the market actually reacts when President Trump finally announces his pick. "But I think the other thing as well, ?the dollar's had a big yo-yo move this ?week, so some of these FX moves, I think I don't want to put too much focus on it, beca
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