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Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
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Live updates: Arrests made as protesters clash with officers in DTLA after 'ICE Out' protest ABC7 Los Angeles'National shutdown' brings protests to L.A., across the nation; demonstrators clash with police Los Angeles TimesProtesters clash with police, federal agents in downtown Los Angeles KTLA
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President announces former Fed governor as his nominee to succeed Jay Powell
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Mortgage rates didn't move after President Donald Trump announced his pick of Kevin Warsh as the next Federal Reserve chair.
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Gold, silver and copper suffered from a selloff on Friday, as the dollar rose on expectations that Kevin Warsh will be the next Federal Reserve chair.
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Warsh would replace current chair Jerome Powell when his term expires in May.
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The federal tax collector seems poised to run out of funding on Saturday, just days after it started processing 2025 income-tax returns.
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