Washington, June 7 -- US President Donald Trump has said that a decision on the next Federal Reserve chair is currently pending and would be revealed soon.
Speaking to reporters on Air Force One, Trump added that former Fed governor Kevin Warsh is "very highly thought of" regarding the post.
Trump lashed out at the current Chairman Jerome Powell again on Friday morning shortly after the release of the US nonfarm payroll report for May.
The POTUS' relations with Powell have been far from amicable, as he has launched a barrage of slurs against him, and labelled Powell as "Mr. Too Late", calling him a "disaster" at the Fed. He urged Powell to cut interest rates by 1%.
Interest rates for both long and short-term debt would be greatly r...