Will Trump's pick to lead US central bank get him the change he wants?4 hours agoShareSaveNatalie ShermanBusiness reporterShareSaveBloomberg via Getty ImagesKevin Warsh has previously worked at the Federal Reserve and on Wall StreetDonald Trump has been calling for change at the US central bank. Now, with Jerome Powell's term as Federal Reserve chairman poised to end in May, he could be about to get his wish.On Friday, the US president announced Kevin Warsh - a conservative whom he had passed over for the post, to his regret, during his first term - as his choice to replace Powell. "Warsh "is 'central casting' and he will never let you down," Trump declared on social media as he announced the decision. The irony of the choice was lost on no one. Warsh has made his name as a supporter of higher interest rates - a reputation he has tried to shed in recent opinion articles and media appearances. It's a position that would seem to put him at odds with Trump, a self-described "low interest rate guy", who has criticised Powell for not cutting interest rates quickly enough and who has made no secret that his choice to lead the Fed should be on board with his views.It remains to be seen whether Warsh's selection will lead to the bank Trump wants.Warsh brings a traditional background to the job: an Ivy League education, a prior stint at the Fed, as well as time on Wall Street and at the Hoover Institution - a conservative economic think tank.Supporters say he is sensitive to concerns
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