BREAKING 👀😵
Donald Trump nominates conservative economist Kevin Warsh as the new chair of the US Federal Reserve
Who is Warsh? The 55-year-old economist, who served as a Fed governor from 2006 to 2011, is an outspoken critic of the central bank
The central bank has been under political pressure from the White House about how it sets interest rates
Trump had been expected to nominate a successor to Jerome Powell, whose term ends in May - the president has frequently criticised Powell for not cutting interest rates faster
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