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Trump Chooses Federal Reserve’s Powell To Replace Obama Appointee As Chairman

Swarajya Staff

Nov 02, 2017, 01:07 PM | Updated 01:07 PM IST

Jerome H Powell (Joshua Roberts/ Getty Images)

REPORT: Trump Chooses Powell To Replace Obama's Federal Reserve Chair

President Donald Trump has chosen current Jerome Powell to be the Federal Reserve chairman, the Wall Street Journal reported Wednesday. Trump is expected to make the formal announcement Thursday, but sources close to the White House told WSJ Trump called Powell, currently a Federal Reserve governor, earlier Wednesday to ask him to serve. If confirmed by…

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