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Trump's nominee for Fed chair has been hawkish about easy money. But this president demands lower rates.
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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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President Donalf Trump nominates Kevin Warsh as new Fed chair, potentially affecting interest rates and the economy
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The Wall Street veteran once held hawkish views on interest rates but has recently signaled a stance more in line with the president's public demands.
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Trump plans to nominate Kevin Warsh to be the next chair of the Federal Reserve, when Jerome Powell's term expires in May. The president has been pushing the central bank to slash interest rates.
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