India, Jan. 30 -- President Donald Trump indicated that he would announce his pick for the Fed chair on Friday, after saying that an announcement would come sometime next week. This comes amid an ongoing tussle between Trump and his previous appointee Jerome Powell over lowering interest rates.

"I'm going to be announcing, I think, a really great choice tomorrow," Trump said during the premier of Melania, the documentary on First Lady Melania Trump.

While Trump's pick is not known yet, Kevin Warsh is believed to be among the frontrunners. CNN's Kaitlan Collins reported that Warsh was seen at the White House on Thursday, a day ahead of the announcement. The names on Trump's shortlist are National Economic Council Director Kevin Hassett, ...