Washington DC, Jan. 30 -- The United States President Donald Trump on Friday announces to nominate Kevin Warsh as the next chair of the Federal Reserve.

In a post on his Truth Social platform, Trump said, "I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM."

"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is 'central casting,' and he will never let you down."

Notably, Warsh was interviewed for the job in 2017, which eventually went to Jerome Powell, whose term as chair expires in May of this year.

Earlier, Trump had confirmed his leading ...