Why Trump's Fed chair pick Warsh will try to slash interest rates if confirmed by Senate | DW News скачать в хорошем качестве

Why Trump's Fed chair pick Warsh will try to slash interest rates if confirmed by Senate | DW News

US President Donald Trump has announced Kevin Warsh as his choice to head the US central bank, known as the Federal Reserve or Fed. He'll replace Jerome Powell, who steps down in May. Warsh is a Republican and a former Fed governor. The announcement sent the US dollar soaring and the price of gold and silver plunging, apparently relieving concerns about the Fed's independence. Warsh is seen as favouring lower borrowing costs, in line with Trump's wishes. But Trump denies asking Warsh directly to cut interest rates. Chapter Breakdown 0:00 Who is Kevin Warsh, Trump's new pick to head the Fed? 0:52 Allie Kelly, reporter at Business Insider, on why Trump is interfering at the Fed #federalreserve #usfed #kevinwarsh For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram:   / dwnews   ►TikTok:   / dwnews   ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   Subscribe: https://www.youtube.com/user/deutsche...